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MCGRATH RENTCORP — Director's Dealing 2012
Mar 6, 2012
31410_dirs_2012-03-06_31611297-db7f-4b25-8a22-56cc541112e8.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: MCGRATH RENTCORP (MGRC)
CIK: 0000752714
Period of Report: 2012-03-02
Reporting Person: PRATT KEITH E (N/A)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2012-03-02 | Common Stock | M | 5237 | $20.71 | Acquired | 12237 | Direct |
| 2012-03-02 | Common Stock | S | 5237 | $31.85 | Disposed | 7000 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2012-03-02 | Stock Appreciation Right | $31.35 | A | 15800 | Acquired | 2019-03-02 | Common Stock (15800) | Direct |
| 2012-03-02 | Restricted Stock Unit | $0 | A | 5600 | Acquired | 2019-03-02 | Common Stock (5600) | Direct |
| 2012-03-02 | Stock Option | $20.71 | M | 5237 | Disposed | 2015-02-25 | Common Stock (5237) | Direct |
Footnotes
F1: 20% vests on first anniversary of grant date; 5% vests each anniversary quarter thereafter.
F2: The RSUs are subject to a performance based vesting component at the end of a three-year performance period.
F3: The RSUs vest 60% at the end of the three-year performance period if the performance goal is satisfied; then 20% vests each anniversary thereafter.
F4: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $31.75 to $32.255, inclusive. The reporting person undertakes to provide to McGrath RentCorp, any security holder of McGrath RentCorp, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnote (1) to this Form 4.