MCGRATH RENTCORP — Director's Dealing 2021

Mar 1, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: MCGRATH RENTCORP (MGRC)
CIK: 0000752714
Period of Report: 2021-02-25

Reporting Person: HANNA JOSEPH F (Director, President & CEO)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2021-02-25	Restricted Stock Units	$0	A	8020	Acquired	2028-02-25	Common Stock (8020)	Direct
2021-02-25	Restricted Stock Units	$0	A	8020	Acquired	2028-02-25	Common Stock (8020)	Direct
2021-02-25	Restricted Stock Units	$0	A	6410	Acquired	2028-02-25	Common Stock (6410)	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.

F3: The restricted stock unit vests 50% on the first annual anniversary of the grant and 50% on the second annual anniversary of the grant. Each 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.