4//SEC Filing
CHO SUNGHWAN 4
Accession 0001657853-19-000093
CIK 0001657853other
Filed
Jul 2, 8:00 PM ET
Accepted
Jul 3, 4:12 PM ET
Size
8.4 KB
Accession
0001657853-19-000093
Insider Transaction Report
Form 4
CHO SUNG HWAN
Director
Transactions
- Exercise of In-Money
Subscription Rights (right to buy)
2019-07-02−20,837→ 0 totalExercise: $12.95From: 2019-06-26Exp: 2019-07-12→ Common Stock (14,341 underlying) - Exercise of In-Money
Common Stock
2019-07-02$12.95/sh+14,341$185,716→ 43,813 total
Footnotes (3)
- [F1]Represents the exercise by the Reporting Person of 20,837 of his 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 8,635 Restricted Stock Units, each of which represents a contingent right to receive one share of HTZ Common Stock, that will vest on the earliest to occur of (1) the business day immediately preceding the Issuer's 2020 annual meeting, (2) the date that the Reporting Person ceases to be a director or (3) a Change in Control (as defined in Exhibit 99.1 of the Issuer's Registration Statement on Form S-8 filed as of June 24, 2016).
- [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 0001490631
Filing Metadata
- Form type
- 4
- Filed
- Jul 2, 8:00 PM ET
- Accepted
- Jul 3, 4:12 PM ET
- Size
- 8.4 KB