Filing Details
- Accession Number:
- 0001140361-14-043231
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2014-11-24 16:16:47
- Reporting Period:
- 2014-11-21
- Filing Date:
- 2014-11-24
- Accepted Time:
- 2014-11-24 16:16:47
- SEC Url:
- Form 4 Filing
Issuer
| Cik | Name | Symbol | Sector (SIC) | IRS No |
|---|---|---|---|---|
| 1364479 | Hertz Global Holdings Inc | HTZ | Services-Auto Rental & Leasing (No Drivers) (7510) | 203530539 |
Insiders
| Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
|---|---|---|---|---|---|---|---|
| 1231908 | P John Tague | 999 Vanderbilt Beach Road 3Rd Floor Naples FL 34108 | President And Ceo | Yes | Yes | No | No |
Reported Non-Derivative Transactions
| Sec. Name | Acquisiton - Disposition | Date | Amount | Price | Remaning Holdings | Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|---|---|---|---|---|---|
| Common Stock | Acquisiton | 2014-11-24 | 84,200 | $24.11 | 84,200 | No | 4 | P | Direct |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | P | Direct |
Reported Derivative Transactions
| Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
|---|---|---|---|---|---|---|---|
| Common Stock | Employee Stock Options (right to purchase) | Acquisiton | 2014-11-21 | 1,000,000 | $0.00 | 1,000,000 | $22.75 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 1,000,000 | No | 4 | A | Direct |
Footnotes
- The options will vest on the following terms: (1) 50% of the option grant (the "transition options") will vest on December 31, 2015 if the Reporting Person develops and presents a business plan by June 30, 2015 that is approved by the Board of Directors of the Issuer, and a management team that is reasonably acceptable to the Board is in place by December 31, 2015, subject to the Reporting Person's continued employment through the vesting date. The transition options will expire no later than December 31, 2019; and (2) 50% of the option grant (the "performance options") will vest on December 31, 2017, subject to the satisfaction of revenue efficiency metrics in respect of the period from 2015-2017 to be developed by the Compensation Committee of the Board with input from the Reporting Person, and the Reporting Person continued employment through the vesting date. The performance options will expire no later than June 30, 2020.
Billionaire Hedge Funds
