HERTZ GLOBAL HOLDINGS, INC 4
4 · HERTZ GLOBAL HOLDINGS, INC · Filed Dec 13, 2016
Insider Transaction Report
Form 4
Kennedy Thomas C
Senior Executive VP & CFO
Transactions
- Exercise/Conversion
Common Stock
2016-12-09+3,467→ 34,667 total - Exercise/Conversion
Performance Stock Units
2016-12-09−3,467→ 0 total→ Common Stock (3,467 underlying) - Tax Payment
Common Stock
2016-12-09$24.18/sh−1,226$29,645→ 33,441 total
Footnotes (2)
- [F1]Each Performance Stock Unit represents a contingent right to receive one share of HTZ common stock. The Performance Stock Units were scheduled to vest on December 9, 2016 provided that the Reporting Person (i) remained employed by the Issuer on December 9, 2016 and (ii) had purchased at least 8,200 shares of HTZ common stock on or before December 15, 2013 and retained ownership of such shares of HTZ common stock until December 9, 2016. The Reporting Person acquired 8,200 shares of HTZ common stock prior to December 15, 2013 and retained ownership of 8,200 shares of HTZ common stock as of December 9, 2016.
- [F2]Shares withheld to pay tax liabilities incident to the vesting of Performance Stock Units.