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MCGRATH RENTCORP Director's Dealing 2018

Mar 5, 2018

31410_dirs_2018-03-05_faad3b89-7cec-41c8-9eab-77455825caa1.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: 2018-03-01

Reporting Person: Dashner Kay (N/A)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2018-03-01 Common Stock M 390 $28.9 Acquired 8486 Direct
2018-03-01 Common Stock M 2500 $24.6 Acquired 10986 Direct
2018-03-01 Common Stock D 1438 $50.62 Disposed 9548 Direct
2018-03-01 Common Stock F 497 $50.62 Disposed 9051 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2018-03-01 Restricted Stock Units $0 A 1200 Acquired 2025-03-01 Common Stock (1200) Direct
2018-03-01 Restricted Stock Units $0 A 1200 Acquired 2025-03-01 Common Stock (1200) Direct
2018-03-01 Stock Appreciation Right $28.9 M 390 Disposed 2020-02-25 Common Stock (390) Direct
2018-03-01 Stock Appreciation Right $24.6 M 2500 Disposed 2023-03-01 Common Stock (2500) Direct
2018-03-02 Restricted Stock Units $0 J 1400 Disposed 2015-03-02 Common Stock (1400) Direct

Footnotes

F1: The restricted stock unit vests 20% on each anniversary of the grant date until fully vested. Each unit represents a right to receive one share of common stock or an amount equal to the fair market value of the Common Stock underlying the unit on the vesting date.

F2: The RSUs are subject to a performance based vesting component at the end of a three-year performance period.

F3: Unless earlier forfeited under the terms of the performance based RSU, each RSU vests and converts into no less than 50% and no more than 200% of one share of McGrath RentCorp common stock. The RSUs vest 100% at the end of the three-year performance period if the performance goal is satisfied.

F4: Forfeiture of performance based RSUs awarded on 3/2/2015.