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UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940 |
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Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | |||
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number. | SEC 1474 (9-02) |
1. Title of Derivative Security (Instr. 3) |
2. Conversion or Exercise Price of Derivative Security | 3. Transaction Date (Month/Day/Year) | 3A. Deemed Execution Date, if any (Month/Day/Year) | 4. Transaction Code (Instr. 8) |
5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4, and 5) |
6. Date Exercisable and Expiration Date (Month/Day/Year) |
7. Title and Amount of Underlying Securities (Instr. 3 and 4) |
8. Price of Derivative Security (Instr. 5) |
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) |
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) |
11. Nature of Indirect Beneficial Ownership (Instr. 4) |
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Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares |
Reporting Owner Name / Address | Relationships | |||
Director | 10% Owner | Officer | Other | |
Srinivasan Naren B 225 BRAE BOULEVARD PARK RIDGE, NJ 07656 |
Sr VP, Global Strat & Corp Dev |
William Langston, By Power of Attorney on behalf of Naren B. Srinivasan | 08/04/2014 | |
**Signature of Reporting Person | Date |
* | If the form is filed by more than one reporting person, see Instruction 4(b)(v). |
** | Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). |
(1) | The Reporting Person was issued 1,952 Restricted Stock Units (each, an "RSU") on July 31, 2013. Each RSU represents a contingent right to receive one share of HTZ common stock and the RSUs granted on that date vest in three equal tranches on the first, second and third anniversaries of the grant date, in each case, subject to the Reporting Person's continued employment by the Issuer on the applicable vesting date. On July 31, 2014, 650 of the RSUs vested and 218 of those RSUs were withheld to pay tax liabilities incident to the vesting of the RSUs. |
(2) | Includes (i) 15,000 RSUs that will vest on August 5, 2014, (ii) 3,463 RSUs that will vest on March 6, 2015, and (iii) 1,302 that will vest in two equal trances of 651 on each of July 31, 2015 and July 31, 2016. |