Hertz Global (HTZ) Form 3 HERTZ GLOBAL / Joseph Edward McPherson ownership change

SEC Form 3

FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF 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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1. Name and Address of Reporting Person^*

McPherson Joseph Edward

(Last) (First) (Middle)

8501 WILLIAMS ROAD

(Street)

ESTERO FL 33928

(City) (State) (Zip)

2. Date of Event Requiring Statement (Month/Day/Year)
05/25/2020

3. Issuer Name and Ticker or Trading Symbol
HERTZ GLOBAL HOLDINGS, INC [ HTZ ]

4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director	10% Owner
X	Officer (give title below)	Other (specify below)
EVP North American Operations

5. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Beneficially Owned
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	11,865(1)	D

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: 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

Explanation of Responses:

1. Represents (a) 9,746 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) 909 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 3,637 PSUs was awarded on March 2, 2018) and (c) 1,210 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 4,839 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.

Remarks:

	Albert K. Watson by Power of Attorney of Joe McPherson	06/05/2020
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (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).
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