HERTZ GLOBAL HOLDINGS INC 4
4 · HERTZ GLOBAL HOLDINGS INC · Filed Mar 27, 2014
Insider Transaction Report
Form 4
Trimm David
EVP & CIO
Transactions
- Exercise/Conversion
Common Stock
2014-03-25+944→ 6,879 total - Exercise/Conversion
Common Stock
2014-03-25+1,454→ 6,333 total - Exercise/Conversion
Performance Stock Units
2014-03-25−1,454→ 9,445 total→ Common Stock (1,454 underlying) - Tax Payment
Common Stock
2014-03-25$26.20/sh−398$10,428→ 5,935 total - Tax Payment
Common Stock
2014-03-25$26.20/sh−259$6,786→ 6,620 total - Exercise/Conversion
Performance Stock Units
2014-03-25−944→ 8,501 total→ Common Stock (944 underlying)
Footnotes (4)
- [F1]Shares withheld to pay tax liabilities incident to the vesting of Restricted Stock Units.
- [F2]Includes 2,147 restricted stock units, each representing a contingent right to receive one share of HTZ Common Stock that will vest on March 6, 2015.
- [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.