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Filing Details

Accession Number:: 0001140361-11-020692
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2011-04-04 19:25:46
Reporting Period:: 2010-05-25

Filing Date:: 2011-04-04
Accepted Time:: 2011-04-04 19:25:46
SEC Url:: Form 4 Filing

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
1364479	Hertz Global Holdings Inc	HTZ	Services-Auto Rental & Leasing (No Drivers) (7510)	203530539

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
70858	Bank Of America Corp /De/	Bank Of America Corporate Center 100 N Tryon St Charlotte NC 28255		Yes	No	Yes	No

Reported Non-Derivative Transactions

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Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
Common Stock	Acquisiton	2010-05-25	8,914	$0.00	39,200,295	No	4	A	Indirect	See Footnotes
Common Stock	Acquisiton	2010-08-18	1,979	$0.00	39,202,274	No	4	A	Indirect	See Footnotes
Common Stock	Disposition	2011-03-31	9,319,162	$15.63	29,884,542	No	4	S	Indirect	See Footnotes

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	A	Indirect	See Footnotes
No	4	A	Indirect	See Footnotes
No	4	S	Indirect	See Footnotes

Footnotes

7,039 shares were granted to ML Global Private Equity Fund, L.P. ("MLGPE") as assignee of compensation payable to Travis Hain for service as a director of the Issuer. 1,875 shares were granted to MLGPE as assignee of compensation payable to Angel Morales for service as a director of the Issuer. Messrs. Hain and Morales are both employees of an affiliate of MLGPE.
In connection with these transactions, BAC has agreed to voluntarily remit appropriate profits, if any, to Hertz Global Holdings, Inc. BAC disclaims these transactions are subject to reporting under Section 16(a) or disgorgement under Section 16(b), and this report shall not be deemed an admission that those sections apply to these transactions.
32,194,901 owned directly by MLGPE. MLGPE Ltd. is the general partner of MLGPE and is a wholly owned subsidiary of ML Global Private Equity Partners, L.P. ("MLGPEP"), the general partner of which is Merrill Lynch GP, Inc. ("ML GP"), which is a wholly owned subsidiary of Merrill Lynch Group Inc. ("ML Group"), which is a wholly owned subsidiary of Merrill Lynch & Co., Inc. ("ML&Co."), which is a wholly owned subsidiary of BAC.
3,872,549 shares are owned directly by Merrill Lynch Ventures L.P. 2001 ("MLV LP"), a limited partnership whose general partner is Merrill Lynch Ventures, L.L.C. ("MLV LLC"), a wholly owned subsidiary of ML Group, which is a wholly owned subsidiary of ML&Co.
3,101,137 shares are owned directly by ML Hertz Co-Investor, L.P. ("Hertz Co-Investor LP"), a limited partnership whose general partner is ML Hertz Co-Investor GP, L.L.C. ("Hertz Co-Investor LLC"), whose sole managing member is MLGPE.
31,708 shares are owned by Merrill Lynch, Pierce, Fenner & Smith Incorporated ("MLPFS"), a broker-dealer and subsidiary of BAC.
This Form 4 is being filed by Bank of America Corporation ("BAC" or the "Reporting Person"), a Delaware corporation and bank holding company registered under the Bank Holding Company Act of 1956, on behalf of its subsidiaries.
Each of BAC, ML&Co., MLGPE, MLGPE Ltd., MLGPEP, ML GP, ML Group, MLV LP, MLV LLC, Hertz Co-Investor LP, Hertz Co-Investor LLC, MLPFS and MLGPEI (collectively, the "Reporting Persons") disclaims beneficial ownership of these securities except to the extent of its pecuniary interest therein.
Pursuant to the Shareholders Agreement dated December 21, 2005, as may be amended from time to time, among Clayton, Dubilier & Rice Fund VII, L.P., CDR CCMG Co-Investor L.P., CD&R Parallel Fund VII, L.P., Carlyle Partners IV, L.P., CP IV Coinvestment L.P., CEP II U.S. Investments, L.P., CEP II Participations S.a.r.l, MLGPE, MLV LP, CMC-Hertz Partners, L.P. and Hertz Co-Investor LP, MLGPE has the right to designate two members to the board of directors of the Issuer. Each of the Reporting Persons other than MLGPE disclaims its possible status as director of the Issuer.
1,979 shares were granted to MLGPE as assignee of compensation payable to Angel Morales for service as a director of the Issuer. Mr. Morales is an employee of an affiliate of MLGPE.
32,196,880 shares owned by MLGPE.
Transaction executed pursuant to the Underwriting Agreement by and between the Issuer, Goldman, Sachs & Co., MLGPE, MLV LP, Hertz Co-Investor LP, CMC-Hertz Partners, L.P., Clayton, Dubilier & Rice Fund VII, L.P., CDR CCMG Co-Investor L.P., CD&R Parallel Fund VII, L.P., Carlyle Partners IV, L.P., CEP II U.S. Investments, L.P., CP IV Coinvestment, L.P. and CEP II Participations S.ar.l. SICAR, dated as of March 28, 2011.
24,540,727, shares owned by MLGPE.
2,949,860 shares owned by MLV LP.
2,362,247 shares owned by Hertz Co-Investor LP.