SEC Form 4 · accession 0001127602-17-019001
HERC HOLDINGS INC · HRI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Herbert L Henkel
Director
Period of report
May 18, 2017
Accepted (ET)
May 22, 2017 · 4:13 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001364479
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Phantom StockF1,F2 | — | May 18, 2017 | A | 4,339 | A | — | — | Common Stock | 4,339 | 13,707 | D |
| Phantom StockF1,F3 | — | May 18, 2017 | A | 2,857 | A | — | — | Common Stock | 2,857 | 16,564 | D |
Explanation of responses
- F1Each share of phantom stock is the economic equivalent of one share of the Issuer's common stock.
- F2The value of the phantom stock credited to the Reporting Person's account shall be distributed in shares of common stock following the date the Reporting Person ceases to be a member of the Issuer's Board of Directors (or, if earlier, following a change of control).
- F3The value of the phantom stock credited to the Reporting Person's account shall be distributed in shares of common stock following the date the Reporting Person ceases to be a member of the Issuer's Board of Directors, provided that the event occurs after the business day immediately preceding the date of the Issuer's 2018 annual meeting of stockholders (or, if earlier, following a change of control).