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MCGRATH RENTCORP — Director's Dealing 2015
Mar 4, 2015
31410_dirs_2015-03-04_5bb264f5-9d73-416f-bcca-4c1491959d71.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: 2015-03-02
Reporting Person: Adler Steven H (N/A)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2015-03-02 | Common Stock | M | 400 | — | Acquired | 24584 | Direct |
| 2015-03-02 | Common Stock | M | 1200 | — | Acquired | 25784 | Direct |
| 2015-03-02 | Common Stock | F | 435 | $31.99 | Disposed | 25349 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2015-03-02 | Restricted Stock Units | $0 | M | 400 | Disposed | 2017-02-26 | Common Stock (400) | Direct |
| 2015-03-02 | Restricted Stock Units | $0 | M | 1200 | Disposed | 2018-02-25 | Common Stock (1200) | Direct |
| 2015-03-02 | Restricted Stock Unit | $0 | J | 3200 | Disposed | 2019-03-02 | Common Stock (3200) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 325 | Indirect |
Footnotes
F1: 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. The conversion price of the RSUs was based on the closing price of McGrath RentCorp common stock on March 2, 2015 and therefore such date is determined to be the date exercisable.
F2: Forfeiture of performance based RSUs awarded on 3/2/2012.
F3: The RSUs are subject to a performance based vesting component at the end of a three-year performance period.
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