HERTZ GLOBAL HOLDINGS INC 4
4 · HERTZ GLOBAL HOLDINGS INC · Filed Mar 4, 2014
Insider Transaction Report
Form 4
Boyd Lois Irene
Senior Vice President
Transactions
- Tax Payment
Common Stock
2014-03-01$28.01/sh−4,392$123,020→ 60,917 total - Exercise/Conversion
Performance Stock Units
2014-03-01−13,898→ 0 total→ Common Stock (13,898 underlying) - Exercise/Conversion
Common Stock
2014-03-01+13,989→ 65,309 total
Footnotes (3)
- [F1]Each Performance Stock Unit represents a contingent right to receive one share of HTZ common stock. The Performance Stock Units vest in three tranches, contingent upon (a) the recipient's continued employment and (b) EBITDA of the issuer during the 2011 and 2012 fiscal years. The first and second tranches each consist of 25% of the grant and the third tranche will consist of 50% of the grant. The first and second tranches vested on March 1, 2012 and March 1, 2013, respectively, and the third tranche vested on March 1, 2014.
- [F2]Includes 12,233 shares acquired through the Employee Stock Purchase Plan and 5,491 unvested Restricted Stock Units.
- [F3]Shares withheld to pay tax liabilities incident to the vesting of Performance Stock Units.