Rakesh Sachdev - Dec 2, 2021 Form 4 Insider Report for HERC HOLDINGS INC (HRI)

Role
Director
Signature
/s/ S. Wade Sheek by Power of Attorney
Stock symbol
HRI
Transactions as of
Dec 2, 2021
Transactions value $
$0
Form type
4
Date filed
12/3/2021, 03:43 PM
Previous filing
Aug 26, 2021
Next filing
Feb 7, 2022

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction HRI Phantom Stock Award $0 +285 $0.00 285 Dec 2, 2021 Common Stock 285 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each share of phantom stock is the economic equivalent of one share of the Issuer's common stock.
F2 The value of the phantom stock credited to the Reporting Person's account shall be distributed in shares of common stock following the date the Reporting Person ceases to be a member of the Issuer's Board of Directors, provided that the event occurs on or after the date of the Issuer's 2022 annual meeting of stockholders (or, if earlier following a change of control).