HERTZ GLOBAL HOLDINGS INC 4
4 · HERTZ GLOBAL HOLDINGS INC · Filed Feb 21, 2014
Insider Transaction Report
Form 4
Kapur Jatindar
Sr VP, Finance and Controller
Transactions
- Award
Performance Stock Units
2014-02-19+9,183→ 9,183 total→ Common Stock (9,183 underlying) - Award
Performance Stock Units
2014-02-19+6,296→ 15,479 total→ Common Stock (6,296 underlying)
Footnotes (2)
- [F1]Each Performance Stock Unit represents a contingent right to receive one share of HTZ common stock. The Performance Stock Units were initially granted in 2013, and the amount of Performance Stock Units eligible for vesting is subject in part to achievement of financial performance goals during 2013 and/or combined 2013-2014. The Performance Stock Units vest in three tranches, with 33 1/3% of the award earned, based on achievement of financial performance goals during 2013, vesting on the first, second and third anniversaries of the grant date, in each case if the executive is still an employee on the applicable vesting date. Based on achievement of combined 2013-2014 financial performance goals, additional Performance Stock Units may vest on the second and third anniversaries of the grant date.
- [F2]Each Performance Stock Unit represents a contingent right to receive one share of HTZ common stock. The Performance Stock Units were initially granted in 2013, and the amount of Performance Stock Units eligible for vesting is subject to achievement of financial performance goals during 2013. The Performance Stock Units vest in three tranches, with 33 1/3% of the award earned vesting on the first, second and third anniversaries of the grant date, in each case if the executive is still an employee on the applicable vesting date.