Ownership Submission
FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
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, 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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(Print or Type Responses)
1. Name and Address of Reporting Person *
Nothwang Joseph R
   2. Issuer Name and Ticker or Trading Symbol
HERTZ GLOBAL HOLDINGS INC [HTZ] 		5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
__X__ Officer (give title below) _____ Other (specify below)
Executive Vice President
(Last)
(First)
(Middle)
225 BRAE BOULEVARD		 3. Date of Earliest Transaction (Month/Day/Year)
11/16/2006
(Street)

PARK RIDGE, NJ 07656		 4. If Amendment, Date 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
(City)
(State)
(Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)		 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code
(Instr. 8)		 4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)		 5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)		 6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)		 7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 11/16/2006   P   10,000 (1) A $ 15 110,000 D  

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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)		 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)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Employee Stock Option (right to buy) $ 4.56 (2) 05/05/2006   A   200,000     (5) 05/05/2016 Common Stock 200,000 $ 0 200,000 D  
Employee Stock Option (right to buy) $ 4.56 (2) 05/18/2006   A   300,000     (6) 05/18/2016 Common Stock 300,000 $ 0 300,000 D  
Employee Stock Option (right to buy) $ 9.56 (3) 05/18/2006   A   200,000     (6) 05/18/2016 Common Stock 200,000 $ 0 200,000 D  
Employee Stock Option (right to buy) $ 14.56 (4) 05/18/2006   A   200,000     (6) 05/18/2016 Common Stock 200,000 $ 0 200,000 D  

Reporting Owners

Reporting Owner Name / Address Relationships
 Director  10% Owner  Officer  Other
Nothwang Joseph R
225 BRAE BOULEVARD
PARK RIDGE, NJ 07656		       Executive Vice President  

Signatures

 Stuart M. Geschwind, by Power of Attorney on behalf of Joseph R. Nothwang   11/20/2006
**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 shares were purchased jointly by the Reporting Person and his spouse.
(2) The exercise price of these options was previously reported on Form 3 as $5.68, subject to a footnote which stated that the exercise price was subject to an anticipated adjustment in the amount of an anticipated special dividend. The exercise price of $4.56 reported on this Form 4 reflects an adjustment of $1.12, which is the amount of a special dividend declared on November 16, 2006 and expected to be paid on November 21, 2006.
(3) The exercise price of these options was previously reported on Form 3 as $10.68, subject to a footnote which stated that the exercise price was subject to an anticipated adjustment in the amount of an anticipated special dividend. The exercise price of $9.56 reported on this Form 4 reflects an adjustment of $1.12, which is the amount of a special dividend declared on November 16, 2006 and expected to be paid on November 21, 2006.
(4) The exercise price of these options was previously reported on Form 3 as $15.68, subject to a footnote which stated that the exercise price was subject to an anticipated adjustment in the amount of an anticipated special dividend. The exercise price of $14.56 reported on this Form 4 reflects an adjustment of $1.12, which is the amount of a special dividend declared on November 16, 2006 and expected to be paid on November 21, 2006.
(5) The option will vest in five equal annual installments on the first through fifth anniversaries of the grant date. The first installment will become exercisable on May 5, 2007.
(6) The option will vest in five equal annual installments on the first through fifth anniversaries of the grant date. The first installment will become exercisable on May 18, 2007.
 
Remarks:
Date of Earliest Transaction:  The transaction giving rise to this Form 4 filing occurred on November 16, 2006. In accordance with Rule 16a-2, transactions which took place within 6 months prior to that date are also reported on this form. The stock option grant which was made on May 5, 2006 is being reported in order to reflect the adjusted exercise price (see note 2).

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