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MCGRATH RENTCORP — Director's Dealing 2021
Mar 1, 2021
31410_dirs_2021-03-01_a460b4bd-94a3-46ea-964e-3db0e131dd38.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: 2021-02-25
Reporting Person: VAN TREASE KRISTINA (VP and Division Manager)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2021-02-25 | Restricted Stock Units | $0 | A | 1540 | Acquired | 2028-02-25 | Common Stock (1540) | Direct |
| 2021-02-25 | Restricted Stock Units | $0 | A | 1540 | Acquired | 2028-02-25 | Common Stock (1540) | Direct |
| 2021-02-25 | Restricted Stock Units | $0 | A | 1120 | Acquired | 2028-02-25 | Common Stock (1120) | Indirect |
| 2021-02-25 | Restricted Stock Units | $0 | A | 1120 | Acquired | 2028-02-25 | Common Stock (1120) | Indirect |
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.