MCGRATH RENTCORP — Director's Dealing 2020

Mar 2, 2020

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: MCGRATH RENTCORP (MGRC)
CIK: 0000752714
Period of Report: 2020-02-27

Reporting Person: Hawkins Philip B (N/A)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2020-02-28	Common Stock	M	639	—	Acquired	639	Direct
2020-02-28	Common Stock	F	156	$69.45	Disposed	483	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2020-02-27	Restricted Stock Units	$0	A	1950	Acquired	2027-02-27	Common Stock (1950)	Direct
2020-02-27	Restricted Stock Units	$0	A	1950	Acquired	2027-02-27	Common Stock (1950)	Direct
2020-02-28	Restricted Stock Units	$0	M	639	Disposed	2026-02-28	Common Stock (639)	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.