4//SEC Filing
Galainena David 4
Accession 0001657853-20-000015
CIK 0001657853other
Filed
Mar 3, 7:00 PM ET
Accepted
Mar 4, 4:48 PM ET
Size
7.2 KB
Accession
0001657853-20-000015
Insider Transaction Report
Form 4
Galainena David
EVP General Counsel and Secret
Transactions
- Award
Common Stock
2020-03-02+7,012→ 22,574 total - Award
Common Stock
2020-03-02+15,562→ 15,562 total
Footnotes (2)
- [F1]Includes 15,562 Restricted Stock Units, each of which represents a contingent right to receive one share of HTZ Common Stock, which will vest in equal installments on the first, second and third anniversaries of the grant date, subject to the continued employment of the Reporting Person by the Issuer or any subsidiary thereof through each such vesting date.
- [F2]On April 1, 2019, the Reporting Person received 28,047 Performance Stock Units 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 the 2019 performance period, the combined 2019 and 2020 performance period and the combined 2019, 2020 and 2021 performance period. Following certification of 2019 performance by the Compensation Committee on March 2, 2020, the Reporting Person earned 25% of the target award based on 2019 performance. The Reporting Person is eligible to earn 50% of the target award based on combined 2019 and 2020 performance and up to 150% based on combined 2019, 2020 and 2021 performance.
Documents
Issuer
HERTZ GLOBAL HOLDINGS, INC
CIK 0001657853
Entity typeother
Related Parties
1- filerCIK 0001772510
Filing Metadata
- Form type
- 4
- Filed
- Mar 3, 7:00 PM ET
- Accepted
- Mar 4, 4:48 PM ET
- Size
- 7.2 KB