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MCGRATH RENTCORP Director's Dealing 2022

Mar 3, 2022

31410_dirs_2022-03-03_e068b13a-1a8c-4ac5-b21e-c35e9b423547.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: 2022-03-01

Reporting Person: Skenesky John P (VP and Division Manager)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2022-03-01 Common Stock M 340 Acquired 10769 Direct
2022-03-01 Common Stock F 83 $79.72 Disposed 10686 Direct
2022-03-02 Common Stock M 1080 Acquired 11766 Direct
2022-03-02 Common Stock F 263 $80.43 Disposed 11503 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2022-03-01 Restricted Stock Unit $0 M 340 Disposed 2025-03-01 Common Stock (340) Direct
2022-03-02 Restricted Stock Unit $0 M 1080 Disposed 2024-03-02 Common Stock (1080) 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.