AI assistant
MCGRATH RENTCORP — Director's Dealing 2010
Aug 11, 2010
31410_dirs_2010-08-11_3a918731-6936-4ffc-b72a-7869d95aaa69.zip
Director's Dealing
Open in viewerOpens in your device viewer
SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: MCGRATH RENTCORP (MGRC)
CIK: 0000752714
Period of Report: 2010-08-09
Reporting Person: SMITH MORRIS RICHARD (N/A)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2010-08-09 | Restricted Stock Unit | $23.54 | A | 4200 | Acquired | Common Stock (4200) | Direct |
Footnotes
F1: The restricted stock units will vest 20% on September 9, 2011 and 20% thereafter on each anniversary of the grant date until fully vested. Each unit represents a right to receive one share of Common Stock or an amount equal to the fair market value of the Common Stock underlying the unit on the vesting date. The Company may, in its sole discretion, make a cash payment in lieu of the issuance of Common Stock.
F2: The restricted stock units will vest 20% on September 9, 2011 and 20% thereafter on each anniversary of the grant date until fully vested. Each unit represents a right to receive one share of Common Stock or an amount equal to the fair market value of the Common Stock underlying the unit on the vesting date. The Company may, in its sole discretion, make a cash payment in lieu of the issuance of Common Stock.