HERTZ GLOBAL HOLDINGS INC 4
4 · HERTZ GLOBAL HOLDINGS INC · Filed Apr 2, 2015
Insider Transaction Report
Form 4
Stuart Robert J
Sr. VP, Global Sales
Transactions
- Tax Payment
Common Stock
2015-04-01$22.15/sh−4,158$92,100→ 51,010 total - Exercise/Conversion
Performance Stock Units
2015-02-28−4,617→ 4,618 total→ Common Stock (4,617 underlying) - Exercise/Conversion
Common Stock
2015-04-01+15,269→ 55,168 total
Footnotes (2)
- [F1]Shares withheld to pay tax liabilities incident to the vesting of Performance Stock Units.
- [F2]Each Price Vesting Unit (PVU) represents a contingent right to receive 1 share of HTZ common stock. The PVUs vest in 2 equal tranches upon the certification of achievement of the performance criteria by the Compensation Committee following each of the third and fourth anniversaries of the date of grant. The first tranche vested upon certification by the Compensation Committee on March 31, 2015 that the average of the closing prices of HTZ shares on the 20 trading days ending on March 6, 2015 was greater than $16.5899.