Form 4 for HTZ HERTZ GLOBAL HOLDINGS, INC
Accepted 2021-07-02 00:00:00 ET · period of report 2021-06-30 · accession 0001657853-21-000055 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| D | 2021-07-02 | 2021-06-30 | HTZ | SHEEHAN KEVIN M | Dir | D - Sale to Iss | $0.00 | -33.1K | 0 | -100% | $0 |
| D | 2021-07-02 | 2021-06-30 | HTZ | SHEEHAN KEVIN M | Dir | A - Grant | $0.00 | +2,996 | 2,996 | New | $0 |
| D | 2021-07-02 | 2021-06-30 | HTZ | SHEEHAN KEVIN M | Dir | A - Grant | $0.00 | +21.4K | 21.4K | New | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock | 2021-06-30 | D | D | 33,121 | $0.00 | 0 | D | — | — | (F2) On the Effective Date, all of the Company's previously outstanding shares of common stock ("Old Common Stock"), including options, warrants, rights, restricted stock units or other securities or agreements to acquire such common stock, were cancelled and extinguished pursuant to the Plan. (F1) On May 22, 2020, Hertz Global Holdings, Inc. (the "Issuer") and certain of its U.S. subsidiaries, (collectively, with the Issuer, the "Debtors"), filed voluntary petitions in the United States Bankruptcy Court for the District of Delaware (the "Bankruptcy Court") seeking relief under the provisions of Chapter 11 of Title 11 of the United States Bankruptcy Code. On June 10, 2021, the Bankruptcy Court entered an order confirming the Debtors' Second Modified Third Amended Joint Chapter 11 Plan of Reorganization (as amended, modified or supplemented from time to time, the "Plan"), and on June 30, 2021 (the "Effective Date"), the Plan became effective pursuant to its terms and the Debtors emerged from bankruptcy. |
| 2 | Common | New Common Stock | 2021-06-30 | A | A | 2,996 | $0.00 | 2,996 | D | — | — | |
| 3 | Derivative | Warrant (right to buy) | 2021-06-30 | A | A | 21,372 | $0.00 | 21,372 | D | $13.80 · 2021-06-30 to 2050-06-30 | 0 New Common Stock | (F5) The 30-year warrants expire on June 30, 2051. For technical reasons, this Form 4 displays a date of June 30, 2050, which should be read as June 30, 2051. |