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MCGRATH RENTCORP — Director's Dealing 2022
Mar 4, 2022
31410_dirs_2022-03-04_1ea2f2cc-e859-4fbd-8f97-0be41f82ac8d.zip
Director's Dealing
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SEC Form 4/A — Form 4/A
Issuer: MCGRATH RENTCORP (MGRC)
CIK: 0000752714
Period of Report: 2022-03-01
Reporting Person: HANNA JOSEPH F (President and CEO)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2022-03-01 | Common Stock | M | 2002 | — | Acquired | 107975 | Direct |
| 2022-03-01 | Common Stock | F | 993 | $79.72 | Disposed | 106982 | Direct |
| 2022-03-02 | Common Stock | M | 4040 | — | Acquired | 111022 | Direct |
| 2022-03-02 | Common Stock | F | 2004 | $80.43 | Disposed | 109018 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2022-03-01 | Restricted Stock Unit | $0 | M | 2002 | Disposed | 2025-03-01 | Common Stock (2002) | Direct |
| 2022-03-02 | Restricted Stock Unit | $0 | M | 4040 | Disposed | 2024-03-02 | Common Stock (4040) | Direct |
Footnotes
F1: The restricted stock unit vests 20% on each anniversary of the grant date until fully vested. 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. The Company may, in its sole discretion, make cash payment in lieu of the issuance of 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. 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. The Company may, in its sole discretion, make cash payment in lieu of the issuance of Common Stock.
F3: This Amendment is being filed to correct the Code for the shares disposed by the reporting person as reported on the Form 4 filed on March 3, 2022.