Type | Sym | Class | Transaction | Value $ | Shares | Change % | Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | HTZ | Common Stock | -Tax liability | $0 | -586,863 | -20.94% | $0.00 | 2,215,727 | Dec 31, 2022 | Direct | F1 |
transaction | HTZ | Common Stock | +Options Exercise | $0 | +2,802,590 | +126.49% | $0.00 | 5,018,317 | Dec 31, 2022 | Direct | F2 |
transaction | HTZ | Common Stock | -Tax liability | $0 | -293,432 | -5.85% | $0.00 | 4,724,885 | Dec 31, 2022 | Direct | F3 |
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 | -Options Exercise | $0 | -2,802,590 | -42.86% | $0.00 | 3,736,788 | Dec 31, 2022 | Common Stock | 2,802,590 | Direct | F4, F5, F6 |
Id | Content |
---|---|
F1 | Represents shares withheld to satisfy tax withholding obligations in connection with vesting of 1,121,036 restricted stock units ("RSUs"), which reflects 40% of the 2,802,590 RSUs granted to the Reporting Person on February 28, 2022 and previously reported on a Form 4 filed on March 2, 2022. |
F2 | These securities result from achieving specified stock price levels during 2022 associated with the performance-vested RSUs granted on February 28, 2022 (the "Performance RSUs"). With achievement of these stock price levels during 2022, the Performance RSUs vest ratably over a five-year period commencing on December 31, 2022, with the first vesting event occurring on December 31, 2022. Consequently, this amount consists of two elements: 1) 560,518 shares of common stock received upon vesting of 1/5th of the Performance RSUs, and 2) 2,242,072 unvested RSUs that vest ratably between 2023 and 2026. |
F3 | Represents shares withheld to satisfy tax withholding obligations in connection with vesting of 560,518 Performance RSUs described in footnote 2 above. |
F4 | Performance RSUs convert on a one-for-one basis. |
F5 | Represents Performance RSUs for which specified stock price performance levels were achieved during 2022. |
F6 | Based on achievement of stock price levels during 2022, Performance RSUs vest ratably over a five-year period commencing on December 31, 2022, with the first vesting event occurring on December 31, 2022. |
Exhibit List: Exhibit 24 - Power of Attorney