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FORM 4
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UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
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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OMB APPROVAL
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| Estimated average burden hours per response... | 0.5 |
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(Print or Type Responses)
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1. Name and Address of Reporting Person *
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| Cunningham Christian J |
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2. Issuer Name and Ticker or Trading Symbol
HERC HOLDINGS INC [HRI]
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5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
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_____ Director
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_____ 10% Owner
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__X__ Officer (give title below)
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_____ Other (specify below)
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SVP & Chief HR Officer
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27500 RIVERVIEW CENTER BLVD. |
3. Date of Earliest Transaction (Month/Day/Year)
02/17/2020 |
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BONITA SPRINGS, FL 34134 |
4. If Amendment, Date Original Filed
(Month/Day/Year)
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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 Acquired, Disposed of, or Beneficially Owned
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1.Title of Security
(Instr. 3)
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2. Transaction Date (Month/Day/Year)
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2A. Deemed Execution Date, if any (Month/Day/Year)
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3. Transaction Code
(Instr. 8)
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4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
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5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
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6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)
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7. Nature of Indirect Beneficial Ownership
(Instr. 4)
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Code
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V
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Amount
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(A) or (D)
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Price
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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) |
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)
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2. Conversion or Exercise Price of Derivative Security
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3. Transaction Date (Month/Day/Year)
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3A. Deemed Execution Date, if any (Month/Day/Year)
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4. Transaction Code
(Instr. 8)
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5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)
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6. Date Exercisable and Expiration Date
(Month/Day/Year)
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7. Title and Amount of Underlying Securities
(Instr. 3 and 4)
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8. Price of Derivative Security
(Instr. 5)
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9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)
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10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)
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11. Nature of Indirect Beneficial Ownership
(Instr. 4)
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Code
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V
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(A)
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(D)
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Date Exercisable
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Expiration Date
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Title
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Amount or Number of Shares
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| Employee Stock Option |
$23.49 | 02/17/2020 |
| D (1) |
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| 19,726 |
(1) | 02/17/2020 | Common Stock | 19,726 | (1) |
0
| D |
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| Employee Stock Option |
$70.14 (2) | 02/17/2020 |
| A (1) |
| 6,607 (3) |
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(1) | 02/17/2025 | Common Stock | 6,607 (3) | (1) | 6,607 (3) | D |
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Reporting Owners
| Reporting Owner Name / Address | Relationships |
| Director | 10% Owner | Officer | Other |
Cunningham Christian J
27500 RIVERVIEW CENTER BLVD.
BONITA SPRINGS, FL 34134 |
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SVP & Chief HR Officer |
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Signatures
| /s/ S. Wade Sheek by Power of Attorney | |
02/19/2020 |
| **Signature of Reporting Person | Date |
Explanation of Responses:
| * | 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 stock options were originally granted by Hertz Global Holdings, Inc. on February 17, 2015, with a five year term expiring on February 17, 2020. The Company amended the stock option to extend the expiration date to February 17, 2025 in order to provide the holder with the benefit of a standard ten year option term. The exercise price and all other terms of the stock options remain the same. This amendment is deemed a replacement solely for purposes of SEC rules. |
| (2) | The conversion or exercise price of the Employee Stock Option reflects a 1-for-15 reverse stock split effective June 30, 2016. |
| (3) | The number of shares reported reflect a 1-for-15 reverse stock split effective June 30, 2016. |
Remarks:
Exhibit List Exhibit 24 - Power of Attorney |
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Potential persons who are to respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB number.
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