MCGRATH RENTCORP — Director's Dealing 2018

Mar 7, 2018

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: MCGRATH RENTCORP (MGRC)
CIK: 0000752714
Period of Report: 2018-03-05

Reporting Person: Whitney David M (N/A)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2018-03-05	Common Stock	M	832	—	Acquired	18642	Indirect
2018-03-05	Common Stock	F	288	$50.57	Disposed	18354	Indirect

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2018-03-05	Restricted Stock Units	$0	M	832	Disposed	2021-03-03	Common Stock (832)	Indirect

Footnotes

F1: Shares acquired upon vesting of performance based RSUs. Each vested RSU converts into 160% 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. The conversion price of the RSUs was based on the closing price of McGrath RentCorp common stock on March 5, 2018 and therefore such date is determined to be the date exercisable.