MCGRATH RENTCORP — Director's Dealing 2010

Mar 2, 2010

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: MCGRATH RENTCORP (MGRC)
CIK: 0000752714
Period of Report: 2010-02-26

Reporting Person: Adler Steven H (N/A)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2010-02-26	Common Stock	A	5000	—	Acquired	35468	Direct
2010-02-26	Common Stock	A	1000	—	Acquired	36468	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2010-02-26	Stock Appreciation Right	$23.92	A	3000	Acquired	2017-02-26	Common Stock (3000)	Direct

Footnotes

F1: The RSUs are subject to performance based vesting measurements for the performance period of fiscal year ending 2010.

F2: Shares of common stock acquired are underlying RSU with performance based vesting component at the end of a three-year performance period.

F3: 20% vests on first anniversary of grant date; 5% vests each anniversary quarter thereafter.