4//SEC Filing
Marinello Kathryn V 4
Accession 0001657853-19-000021
CIK 0001657853other
Filed
Mar 5, 7:00 PM ET
Accepted
Mar 6, 6:34 PM ET
Size
12.3 KB
Accession
0001657853-19-000021
Insider Transaction Report
Form 4
Marinello Kathryn V
DirectorPresident and CEO
Transactions
- Award
Common Stock
2019-03-04+29,188→ 79,579 total - Tax Payment
Common Stock
2019-03-04−2,370→ 77,209 total - Award
Common Stock
2019-03-04+21,891→ 99,100 total - Award
Employee Stock Option (Right to Purchase)
2019-03-04+76,133→ 76,133 totalExercise: $17.73Exp: 2025-03-02→ Common Stock (76,133 underlying)
Footnotes (5)
- [F1]On March 1, 2018, the Reporting Person received 29,188 Performance Stock Units ("PSUs") that vest in equal installments on the first, second and third anniversaries of the grant date, in each case, contingent upon (a) the recipient's continued employment and (b) gross revenue of the Issuer during the 2018 fiscal year. The gross revenue of the Issuer during the 2018 fiscal year satisfied the contingency.
- [F2]Includes 29,188 PSUs, each of which represents a contingent right to receive one share of HTZ Common Stock, that vest in equal installments on the first, second and third anniversaries of the grant date, in each case, subject to the continued employment of the Reporting Person by the Issuer or any subsidiary thereof through each such vesting date.
- [F3]On March 2, 2018, the Reporting Person received 87,563 Performance Stock Units ("PSUs") that vest on the third anniversary of the grant date, contingent upon (a) the recipient's continued employment and (b) achievement of financial performance goals (Adjusted Corporate EBITDA) for 2018, the combined 2018 and 2019 performance period and the combined 2018, 2019 and 2020 period. The Reporting Person earned 25% of the target award based on 2018 performance. The Reporting Person is eligible to earn 50% of the target award based on 2018 performance and up to 150% based on combined 2018, 2019 and 2020 performance.
- [F4]Includes (a) 29,188 PSUs, each of which represents a contingent right to receive one share of HTZ Common Stock, that vest in equal installments on the first, second and thirdanniversaries of the grant date and (b) 21,891 PSUs, each of which represents a contingent right to receive one share of HTZ Common Stock, that vest on the third anniversary of the grant date, in each case, subject to the continued employment of the Reporting Person by the Issuer or any subsidiary thereof through each such vesting date.
- [F5]On March 2, 2018, the Reporting Person received 304,531 Employee Stock Options that vest on the third anniversary of the grant date, contingent upon (a) the recipient's continued employment and (b) achievement official performance goals (Adjusted Corporate EBITDA) for 2018, the combined 2018 and 2019 performance period and the combined 2018, 2019 and 2020 period. The Reporting Person earned 25% of the target award based on 2018 performance. The Reporting Person is eligible to earn 50% of the target award based on 2018 performance and up to 150% based on combined 2018, 2019 and 2020 performance.
Documents
Issuer
HERTZ GLOBAL HOLDINGS, INC
CIK 0001657853
Entity typeother
Related Parties
1- filerCIK 0001378931
Filing Metadata
- Form type
- 4
- Filed
- Mar 5, 7:00 PM ET
- Accepted
- Mar 6, 6:34 PM ET
- Size
- 12.3 KB