Initial Statement of Beneficial Ownership (3)
25 June 2020 - 6:43AM
Edgar (US Regulatory)
FORM 3
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UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES
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OMB APPROVAL
OMB Number:
3235-0104
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Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person
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Deschamps Frederic |
2. Date of Event Requiring Statement (MM/DD/YYYY)
6/11/2020
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3. Issuer Name and Ticker or Trading Symbol
HERTZ GLOBAL HOLDINGS, INC [HTZ]
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(Last)
(First)
(Middle)
8501 WILLIAMS ROAD |
4. Relationship of Reporting Person(s) to Issuer (Check all applicable)
_____ Director _____ 10% Owner ___X___ Officer (give title below) _____ Other (specify below) EVP Revenue Management / |
(Street)
ESTERO, FL 33928
(City)
(State)
(Zip)
| 5. If Amendment, Date Original Filed(MM/DD/YYYY)
| 6. Individual or Joint/Group Filing(Check Applicable Line)
_X_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person
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Table I - Non-Derivative Securities Beneficially Owned
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1.Title of Security (Instr. 4) | 2. Amount of Securities Beneficially Owned (Instr. 4) | 3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) | 4. Nature of Indirect Beneficial Ownership (Instr. 5) |
Common Stock | 39136 (1) | D | |
Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
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1. Title of Derivate Security (Instr. 4) | 2. Date Exercisable and Expiration Date (MM/DD/YYYY) | 3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) | 4. Conversion or Exercise Price of Derivative Security | 5. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 5) | 6. Nature of Indirect Beneficial Ownership (Instr. 5) |
Date Exercisable | Expiration Date | Title | Amount or Number of Shares |
Employee Stock Option (Right to Buy) | (2) | 3/2/2025 | Common Stock | 12651.0 | $16.5 | D | |
Employee Stock Option (Right to Buy) | (3) | 3/2/2024 | Common Stock | 7356.0 | $20.65 | D | |
Explanation of Responses: |
(1) | Represents (a) 28,032 Restricted Stock Units, each of which represents a contingent right to receive one share of HTZ Common Stock, which will vest on the first, second and third anniversaries of the respective grant dates, subject to the continued employment of the Reporting Person, (b) 5,457 Performance Stock Units ("PSUs"), which were earned following certification of certain financial performance goals by the Issuer's Compensation Committee on March 4, 2019 (the original grant of 21,828 PSUs was awarded on March 2, 2018) and (c) 5,647 PSUs, which were earned following certification of certain financial performance goals by the Issuer's Compensation Committee on March 4, 2020 (the original grant of 22,587 PSUs was awarded on March 4, 2019). The PSUs described in (b) and (c) vest on the third anniversaries of the grant dates, contingent upon the Reporting Person's continued employment and achievement of certain financial performance goals. |
(2) | These Employee Stock Options were granted on March 2, 2018 and vest in four equal annual installments on each anniversary of the grant date. |
(3) | These Employee Stock Options were granted on March 2, 2017 and vest in four equal annual installments on each anniversary of the grant date. |
Reporting Owners
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Reporting Owner Name / Address | Relationships |
Director | 10% Owner | Officer | Other |
Deschamps Frederic 8501 WILLIAMS ROAD ESTERO, FL 33928 |
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| EVP Revenue Management |
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Signatures
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Albert K. Watson by Power of Attorney of Frederic Deschamps | | 6/24/2020 |
**Signature of Reporting Person | Date |
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