4//SEC Filing
Marinello Kathryn V 4
Accession 0001657853-19-000092
CIK 0001657853other
Filed
Jul 2, 8:00 PM ET
Accepted
Jul 3, 4:10 PM ET
Size
8.4 KB
Accession
0001657853-19-000092
Insider Transaction Report
Form 4
Marinello Kathryn V
DirectorPresident and CEO
Transactions
- Exercise of In-Money
Subscription Rights (right to buy)
2019-07-01−57,750→ 0 totalExercise: $12.95From: 2019-06-26Exp: 2019-07-12→ Common Stock (39,748 underlying) - Exercise of In-Money
Common Stock
2019-07-01$12.95/sh+39,748$514,737→ 141,948 total
Footnotes (3)
- [F1]Represents the exercise by the Reporting Person of 57,750 of her transferable basic subscription rights (each subscription right entitling its holder to purchase 0.688285 shares of HTZ Common Stock at a subscription price equal to $12.95 per whole share), which were distributed to all holders of HTZ Common Stock on a pro rata basis on the June 24, 2019 record date for the rights offering. The Reporting Person will acquire the shares of Common Stock received from the exercise when issued by the Issuer at the expiration of the rights offering on July 12, 2019.
- [F2]Includes (a) 30,647 earned Performance Stock Units ("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 of March 2, 2018 and (b) 23,532 earned 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 of March 2, 2018, 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]Reflects the number of shares of Common Stock following anti-dilutive adjustments to the Reporting Person's outstanding equity awards, pursuant to the terms of such awards, in connection with the Issuer's pro rata distribution of transferable basic subscription rights discussed in footnote 1.
Documents
Issuer
HERTZ GLOBAL HOLDINGS, INC
CIK 0001657853
Entity typeother
Related Parties
1- filerCIK 0001378931
Filing Metadata
- Form type
- 4
- Filed
- Jul 2, 8:00 PM ET
- Accepted
- Jul 3, 4:10 PM ET
- Size
- 8.4 KB