SEC Form 4 · accession 0001140361-15-044363
HERC HOLDINGS INC · HRI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
A later amendment supersedes this filing — read the amendment. The figures below are kept as originally reported (version chain, not an overwrite).
Reporting owner
Michel Taride
Officer — Group President RAC Internatio
Period of report
Dec 11, 2015
Accepted (ET)
Dec 14, 2015 · 1:09 pm EST
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 Stock | Dec 11, 2015 | M | 164,080 | $4.56 | A | 337,920 | D | |
| Common StockF1 | Dec 11, 2015 | S | 164,080 | $14.3015 | D | 173,840 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee Stock Option (Right to Buy)F2 | $4.56 | Dec 11, 2015 | M | 164,080 | D | — | May 18, 2016 | Common Stock | 164,080 | 35,920 | D |
Explanation of responses
- F1This transaction was executed in multiple trades at prices ranging from $14.25 to $14.375. 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.
- F2Options to purchase 300,000 shares were issued to the Reporting Person on May 18, 2006. The options vested in five equal annual installments on the first through fifth anniversaries of the grant date.