SEC Form 4 · accession 0001140361-15-022749
HERC HOLDINGS INC · HRI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Lawrence Harris Silber
Officer — President, HERC
Period of report
Jun 1, 2015
Accepted (ET)
Jun 2, 2015 · 10:12 am 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee Stock Options (right to purchase)F1 | $19.68 | Jun 1, 2015 | A | 79,758 | A | — | — | Common Stock | 79,758 | 79,758 | D |
Explanation of responses
- F1The Employee Stock Options will vest at the rate of 25% per year over 4 years following the grant date. The Employee Stock Options will expire on the fifth anniversary of the grant date (June 1, 2020). The options will not become exercisable prior to the date that the Form S-8 on file with respect to the 2008 Omnibus Incentive Plan becomes effective.