HERTZ GLOBAL HOLDINGS INC 4
4 · HERTZ GLOBAL HOLDINGS INC · Filed Mar 27, 2014
Insider Transaction Report
Form 4
Boyd Lois Irene
Senior Vice President
Transactions
- Tax Payment
Common Stock
2014-03-25$26.20/sh−3,158$82,740→ 67,746 total - Exercise/Conversion
Common Stock
2014-03-25+14,509→ 86,690 total - Exercise/Conversion
Performance Stock Units
2014-03-25−9,987→ 83,399 total→ Common Stock (9,987 underlying) - Tax Payment
Common Stock
2014-03-25$26.20/sh−2,050$53,710→ 72,181 total - Tax Payment
Common Stock
2014-03-25$26.20/sh−5,311$139,148→ 81,379 total - Exercise/Conversion
Performance Stock Units
2014-03-25−6,485→ 76,914 total→ Common Stock (6,485 underlying) - Exercise/Conversion
Common Stock
2014-03-25+9,987→ 70,904 total - Exercise/Conversion
Common Stock
2014-03-25+6,485→ 74,231 total - Exercise/Conversion
Performance Stock Units
2014-03-25−14,509→ 62,405 total→ Common Stock (14,509 underlying)
Footnotes (5)
- [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]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.
- [F4]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.
- [F5]Each Performance Stock Unit represents a contingent right to receive one share of HTZ common stock. The Performance Stock Units were initially granted in 2012 and the amount of Performance Stock Units eligible for vesting was based on achievement of financial performance goals during combined 2012 - 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.