SEC Form 3 · accession 0001140361-16-067273
HERC HOLDINGS INC · HRI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Eliana Zem
Officer — EVP and CHRO
Period of report
May 18, 2016
Accepted (ET)
May 26, 2016 · 2:30 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001364479
Table I — non-derivative securities
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 Purchase)F3 | $17.58 | holding | — | — | — | — | — | Common Stock | 41,255 | — | D |
Explanation of responses
- F1Includes 8,533 restricted stock units, each representing a contingent right to receive one share of HTZ Common Stock, 2,845 of which will vest on July 1, 2016, 2,844 of which will vest on July 1, 2017 and 2,844 of which will vest on July 1, 2018.
- F2Includes 24,169 restricted stock units, each representing a contingent right to receive one share of HTZ Common Stock, 100% of which will vest on March 4, 2019.
- F3The options will vest at the rate of 25% per year on each anniversary of the grant date, which is July 1, 2015, over 4 years following the grant date and will expire on the 5 year anniversary of the grant date.