W. Gilbert West - Apr 1, 2024 Form 4 Insider Report for HERTZ GLOBAL HOLDINGS, INC (HTZ)

Role: CEO, Director
Signature: Dane E. Allen, by Power of Attorney on behalf of W. Gilbert West
Stock symbol: HTZ
Transactions as of: Apr 1, 2024
Transactions value $: $0
Form type: 4
Date filed: 4/2/2024, 04:07 PM
Previous filing: Mar 5, 2024
Next filing: May 1, 2024

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	HTZ	Common Stock	Award	$0	+1.91M		$0.00	1.91M	Apr 1, 2024	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	+2.29M		$0.00	2.29M	Apr 1, 2024	Common Stock	2.29M		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 Hertz Global Holdings, Inc. (the "Issuer") Common Stock underlying restricted stock units ("RSUs") granted to the Reporting Person on April 1, 2024 (the "RSU Award"). The RSU Award vests in equal installments on the first, second and third anniversaries of the grant date, in each case, subject to the continued employment of the Reporting Person by the Issuer or any subsidiary thereof through each such vesting date.
F2	Represents performance-vested RSUs granted to the Reporting Person on April 1, 2024 (the "PSU Award"). The PSU Award will fully vest based on (i) the achievement of certain stock price milestones of the Issuer over a maximum of five years from April 1, 2024, and (ii) the continued employment of the Reporting Person by the Issuer or any subsidiary thereof for at least three years from the same date.

Content

Represents shares of Hertz Global Holdings, Inc. (the "Issuer") Common Stock underlying restricted stock units ("RSUs") granted to the Reporting Person on April 1, 2024 (the "RSU Award"). The RSU Award vests in equal installments on the first, second and third anniversaries of the grant date, in each case, subject to the continued employment of the Reporting Person by the Issuer or any subsidiary thereof through each such vesting date.

Represents performance-vested RSUs granted to the Reporting Person on April 1, 2024 (the "PSU Award"). The PSU Award will fully vest based on (i) the achievement of certain stock price milestones of the Issuer over a maximum of five years from April 1, 2024, and (ii) the continued employment of the Reporting Person by the Issuer or any subsidiary thereof for at least three years from the same date.