MCGRATH RENTCORP — Director's Dealing 2020

Mar 4, 2020

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: MCGRATH RENTCORP (MGRC)
CIK: 0000752714
Period of Report: 2020-03-02

Reporting Person: HANNA JOSEPH F (N/A)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2020-03-02	Common Stock	M	12120	—	Acquired	55563	Direct
2020-03-02	Common Stock	M	2002	—	Acquired	57565	Direct
2020-03-02	Common Stock	F	7003	$70.68	Disposed	50562	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2020-03-02	Restricted Stock Units	$0	M	2002	Disposed	2025-03-01	Common Stock (2002)	Direct
2020-03-02	Restricted Stock Units	$0	M	12120	Disposed	2024-03-02	Common Stock (12120)	Direct

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 conversion price of the RSUs was based on the closing price of McGrath RentCorp common stock on March 2, 2020 and therefore such date is determined to be the date exercisable.

F3: 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, 2020 and therefore such date is determined to be the date exercisable.