Stephen M. Scherr - 28 Feb 2022 Form 4 Insider Report for HERTZ GLOBAL HOLDINGS, INC (HTZ)

Signature
Dane E. Allen, by Power of Attorney on behalf of Stephen M. Scherr
Issuer symbol
HTZ
Transactions as of
28 Feb 2022
Net transactions value
$0
Form type
4
Filing time
02 Mar 2022, 16:17:02 UTC
Previous filing
10 Nov 2021
Next filing
04 Jan 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction HTZ Common Stock Award $0 +2,802,590 $0.000000 2,802,590 28 Feb 2022 Direct F1

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 HTZ Performance - Vested Restricted Stock Units Award $0 +6,539,378 $0.000000 6,539,378 28 Feb 2022 Common Stock 6,539,378 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents shares of Common Stock underlying restricted stock units ("RSUs") granted to the reporting person on February 28, 2022 (the "RSU Award"). The RSU Award vests 40% on December 31, 2022 and 20% on December 31 of 2023, 2024 and 2025.
F2 Represents performance-vested RSUs (the "PSU Award"). The PSU Award vests over a five-year period commencing December 31, 2022 based on the achievement of certain stock price milestones.