SEC Form 4 · accession 0001140361-15-032414
HERC HOLDINGS INC · HRI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Thomas J Sabatino Jr.
Officer — Sr Ex VP, Chief Admin and GC
Period of report
Aug 14, 2015
Accepted (ET)
Aug 17, 2015 · 9:52 am EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001364479
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1,F2 | Aug 14, 2015 | P | 15,000 | $18.045 | A | 235,362 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1This transaction was executed in multiple trades at prices ranging from $18.02 to $18.0785. The price reported above reflects the weighted average sale price. The Reporting Person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
- F2Includes 220,362 Restricted Stock Units, each of which represents a contingent right to receive one share of HTZ Common Stock, 50% of which will vest on July 12, 2016 and 50% of which will vest on January 12, 2018, subject to the continued employment of the Reporting Person by the Issuer or any subsidiary thereof through each such vesting date.