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: Skenesky John P (N/A)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2020-03-02	Common Stock	M	3240	—	Acquired	8064	Direct
2020-03-02	Common Stock	M	340	—	Acquired	8404	Direct
2020-03-02	Common Stock	F	872	$70.68	Disposed	7532	Direct
2020-03-03	Common Stock	M	630	$31.99	Acquired	8162	Direct
2020-03-03	Common Stock	M	750	$34.57	Acquired	8912	Direct
2020-03-03	Common Stock	M	1905	$24.6	Acquired	10817	Direct
2020-03-03	Common Stock	F	481	$70.68	Disposed	10336	Direct
2020-03-03	Common Stock	D	1317	$70.68	Disposed	9019	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2020-03-02	Restricted Stock Units	$0	M	3240	Disposed	2024-03-02	Common Stock (3240)	Direct
2020-03-02	Restricted Stock Units	$0	M	340	Disposed	2025-03-01	Common Stock (340)	Direct
2020-03-03	Stock Appreciation Right	$31.99	M	630	Disposed	2022-03-02	Common Stock (630)	Direct
2020-03-03	Stock Appreciation Right	$24.6	M	1905	Disposed	2023-03-01	Common Stock (1905)	Direct
2020-03-03	Stock Appreciation Right	$34.57	M	750	Disposed	2024-03-02	Common Stock (750)	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 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.

F3: 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.