RAKESH SACHDEV - 11 May 2023 Form 4 Insider Report for HERC HOLDINGS INC (HRI)

Role
Director
Signature
/s/ S. Wade Sheek by Power of Attorney
Issuer symbol
HRI
Transactions as of
11 May 2023
Net transactions value
$0
Form type
4
Filing time
15 May 2023, 16:20:59 UTC
Previous filing
12 May 2023
Next filing
05 Feb 2024
SEC
View on sec.gov

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 HRI Phantom Stock Award $0 +1,301 +94% $0.000000 2,687 11 May 2023 Common Stock 1,301 Direct F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each share of phantom stock is the economic equivalent of one share of the Issuer's common stock.
F2 The value of the phantom stock credited to the Reporting Person's account shall be distributed in shares of common stock following the date the Reporting Person ceases to be a member of the Issuer's Board of Directors, provided that the event occurs on or after the date of the Issuer's 2024 annual meeting of stockholders (or, if earlier following a change of control).
F3 The phantom stock reported in this column includes previously reported phantom stock with different conditions for distribution.