CK Amarillo LP - 12 Nov 2021 Form 4 Insider Report for HERTZ GLOBAL HOLDINGS, INC (HTZ)

Reporting relationship: 10%+ Owner
Issuer ticker: HTZ
Reported as of: 12 Nov 2021
Net transaction value: -$421,452,401
SEC form: 4
Accepted by SEC: 16 Nov 2021, 16:23:43 UTC
Prior SEC filing: 12 Jul 2021
Source filing: View source filing
Reporting owner signature: CK AmarilloLP /s/ Tom LaMacchia, as authorized signatory for CK Amarillo GP, LLC, the general partner of CK Amarillo LP. /s/ Laura Torrado, as authorized signatory for CK Amarillo GP, LLC, the general partner of CK...

Open signature details

CK AmarilloLP /s/ Tom LaMacchia, as authorized signatory for CK Amarillo GP, LLC, the general partner of CK Amarillo LP. /s/ Laura Torrado, as authorized signatory for CK Amarillo GP, LLC, the general partner of CK Amarillo LP.

Key filing fact

CK Amarillo LP filed Form 4 for HERTZ GLOBAL HOLDINGS, INC (HTZ) on 16 Nov 2021.

Key facts

This page summarizes CK Amarillo LP's Form 4 filing for HERTZ GLOBAL HOLDINGS, INC (HTZ).
1 reported transaction and 0 derivative rows are listed below.
Accepted by SEC: 16 Nov 2021, 16:23.

Change

Previous filing in this sequence was filed on 12 Jul 2021.
Current net transaction value: -$421,452,401.

Research use

This tells you what this filing adds before you inspect full transaction and derivative tables.
You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

HTZ transaction

Common Stock, $0.0001 par value

Sale

Transaction value: $421,452,401
Shares: -15,217,635
Change %: -7.7%
Price: $27.70
Shares after: 181,455,469
Date: 12 Nov 2021
Ownership: Direct
Footnotes: F1, F2, F3

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 3 footnotes

Footnote F1

The reported securities were sold pursuant to an Underwriting Agreement between the Issuer, CK Amarillo LP ("CK Amarillo") and certain other Selling Stockholders and Goldman Sachs & Co. LLC, J.P. Morgan Securities LLC and Morgan Stanley & Co. LLC, collectively acting as the Underwriters.

Footnote F2

The reported securities are directly held by CK Amarillo. CK Amarillo GP, LLC serves as the general partner of CK Amarillo, and Certares Opportunities LLC and Knighthead Capital Management LLC serve as investment managers ("Investment Managers") of CK Amarillo, pursuant to the Investment Management Agreement, effective as of April 15, 2021, by and among each of the foregoing. Investment decisions with respect to the Common Stock held by CK Amarillo are made by an investment committee of the Investment Managers, which committee includes Michael Gregory O'Hara and Thomas Wagner, who are members of the issuer's board of directors, and Ara D. Cohen.

Footnote F3

The committee is empowered to vote or dispose of the shares on behalf of CK Amarillo, and as a result, each of Mr. O'Hara, Mr. Wagner and Mr. Cohen may be attributed beneficial ownership of the reported securities. Each of the foregoing and each reporting person disclaims beneficial ownership of the reported securities except to the extent of their respective pecuniary interests therein, as applicable.