4//SEC Filing
HERTZ GLOBAL HOLDINGS INC 4
Accession 0001140361-14-014433
$HRICIK 0001364479operating
Filed
Mar 26, 8:00 PM ET
Accepted
Mar 27, 4:44 PM ET
Size
15.0 KB
Accession
0001140361-14-014433
Insider Transaction Report
Form 4
Kapur Jatindar
Sr VP, Finance and Controller
Transactions
- Exercise/Conversion
Common Stock
2014-03-25+3,232→ 68,742 total - Tax Payment
Common Stock
2014-03-25$26.20/sh−1,111$29,108→ 67,631 total - Exercise/Conversion
Common Stock
2014-03-25+2,098→ 69,729 total - Exercise/Conversion
Performance Stock Units
2014-03-25−3,232→ 17,756 total→ Common Stock (3,232 underlying) - Tax Payment
Common Stock
2014-03-25$26.20/sh−721$18,890→ 69,008 total - Exercise/Conversion
Performance Stock Units
2014-03-25−2,098→ 15,658 total→ Common Stock (2,098 underlying)
Footnotes (4)
- [F1]Shares withheld to pay tax liabilities incident to the vesting of Performance Stock Units.
- [F2]Includes 1,756 shares acquired through Employee Stock Purchase Plan, 5,541 unvested Restricted Stock Units and 7,000 shares that are jointly owned by the Reporting Person and his spouse.
- [F3]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.
- [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.
Documents
Issuer
HERTZ GLOBAL HOLDINGS INC
CIK 0001364479
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0001364479
Filing Metadata
- Form type
- 4
- Filed
- Mar 26, 8:00 PM ET
- Accepted
- Mar 27, 4:44 PM ET
- Size
- 15.0 KB