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MCGRATH RENTCORP — Director's Dealing 2014
Feb 28, 2014
31410_dirs_2014-02-28_ff3093c0-9498-4fca-97ae-49ad67bdbc73.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: 2014-02-26
Reporting Person: KAKURES DENNIS C (N/A)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2014-02-26 | Common Stock | M | 5200 | — | Acquired | 302273 | Direct |
| 2014-02-26 | Common Stock | F | 1970 | $35.95 | Disposed | 300303 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2014-02-26 | Restricted Stock Units | $0 | M | 5200 | Disposed | 2017-02-26 | Common Stock (5200) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 47225 | Indirect |
Footnotes
F1: Shares acquired upon vesting of performance based RSUs. Each vested RSU converts into 200% of one share of McGrath RentCorp common stock.
F2: 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.
F3: Common Stock holding includes additional reduction of 600 shares erroneously reported as directly held by the reporting person on previous filings.
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