Kelly Galloway - Jul 25, 2023 Form 3 Insider Report for HERTZ GLOBAL HOLDINGS, INC (HTZ)

Role
SVP, Chief Accounting Officer
Signature
Dane E. Allen, by Power of Attorney on behalf of Kelly Galloway
Stock symbol
HTZ
Transactions as of
Jul 25, 2023
Transactions value $
$0
Form type
3
Date filed
8/3/2023, 05:31 PM
Next filing
Oct 4, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding HTZ Common Stock 28.7K Jul 25, 2023 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
holding HTZ Employee Stock Option (Right to Buy) Jul 25, 2023 Common Stock 41.7K $26.17 Direct F2
holding HTZ Performance - Vested Restricted Stock Units Jul 25, 2023 Common Stock 1.5K Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Consists of 4,678 shares of Hertz Global Holdings, Inc. (the "Issuer") common stock, par value $0.01 per share ("Common Stock") and 24,051 unvested shares of Common Stock underlying restricted stock units ("RSUs") pertaining to RSU awards granted on November 9, 2021, March 30, 2022, and March 3, 2023, with the following vesting schedules: 1) November 9, 2021 award: 4,638 RSUs vest on each of November 2, 2023 and November 2, 2024; 2) March 30, 2022 award: 1,550 RSUs vest on March 30, 2024 and 1,551 shares vest on March 30, 2025; and 3) March 3, 2023 award: 3,891 RSUs vest on each of March 3, 2024 and March 3, 2025, and 3,892 RSUs vest on March 3, 2026. In each case, vesting is subject to the continued employment of the reporting person by the Issuer or any subsidiary thereof through each such vesting date.
F2 Represents options to purchase shares of Common Stock granted to the reporting person on November 9, 2021 that vest in three equal annual tranches. The first tranche vested on November 2, 2022, and the other tranches vest on November 2, 2023 and November 2, 2024.
F3 Each performance-vested restricted stock unit (the "PSU") represents a contingent right to receive one share of Common Stock. The PSUs vest on March 30, 2025 subject to the reporting person's continued employment and the Issuer's achievement of a specified total stockholder return.