SEC Form 4 · accession 0001140361-16-066570
HERC HOLDINGS INC · HRI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Vincent J Intrieri
Director
Period of report
May 18, 2016
Accepted (ET)
May 20, 2016 · 6:49 pm 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 | May 18, 2016 | A | 14,934 | $0.00 | A | 24,351 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Phantom StockF2,F3 | — | May 18, 2016 | A | 3,061 | A | — | — | Common Stock | 3,061 | 12,717 | D |
Explanation of responses
- F1Includes 14,934 restricted stock units, each representing a contingent right to receive one share of HTZ Common Stock, which will vest on the business day immediately preceding the Issuer's 2017 annual meeting, subject to the Reporting Person's continued membership on the Board of Directors.
- F2Each share of Phantom Stock is the economic equivalent of one share of Hertz Global Holdings, Inc. Common Stock.
- F3The value of any Phantom Stock credited to the Reporting Person's account shall be distributed in the greatest number of whole shares (with any fractional interest payable in cash) immediately following the date the Reporting Person ceases to be a director (or, if earlier, upon a change of control).