AI assistant
MCGRATH RENTCORP — Director's Dealing 2019
Mar 4, 2019
31410_dirs_2019-03-04_dbf6c913-f904-49c2-9de3-ce6d4f13509b.zip
Director's Dealing
Open in viewerOpens in your device viewer
SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: MCGRATH RENTCORP (MGRC)
CIK: 0000752714
Period of Report: 2019-02-28
Reporting Person: Craft Melodie (N/A)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2019-02-28 | Restricted Stock Units | $0 | A | 1670 | Acquired | 2026-02-28 | Common Stock (1670) | Direct |
| 2019-02-28 | Restricted Stock Units | $0 | A | 1670 | Acquired | 2026-02-28 | Common Stock (1670) | Direct |
Footnotes
F1: The restricted stock unit shall vest as follows: 33% on the first annual anniversary of the grant; 33% on the second annual anniversary of the grant; and 34% on the third annual anniversary of the grant. Each restricted stock 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: 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.