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MCGRATH RENTCORP — Director's Dealing 2022
Mar 1, 2022
31410_dirs_2022-03-01_e628ad2e-d63e-4b9e-ace2-08bc53d4aca8.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: 2022-02-25
Reporting Person: VAN TREASE KRISTINA (Sr. VP Business Strategy & Dev)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2022-02-25 | Common Stock | M | 513 | — | Acquired | 4586 | Direct |
| 2022-02-25 | Common Stock | F | 261 | $81.25 | Disposed | 4325 | Direct |
| 2022-02-25 | Common Stock | M | 373 | — | Acquired | 4193 | Indirect |
| 2022-02-25 | Common Stock | F | 217 | $81.25 | Disposed | 3976 | Indirect |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2022-02-25 | Restricted Stock Unit | $0 | A | 1570 | Acquired | 2029-02-25 | Common Stock (1570) | Direct |
| 2022-02-25 | Restricted Stock Unit | $0 | A | 1570 | Acquired | 2029-02-25 | Common Stock (1570) | Direct |
| 2022-02-25 | Restricted Stock Unit | $0 | M | 513 | Disposed | 2028-02-25 | Common Stock (513) | Direct |
| 2022-02-25 | Restricted Stock Unit | $0 | A | 1170 | Acquired | 2029-02-25 | Common Stock (1170) | Indirect |
| 2022-02-25 | Restricted Stock Unit | $0 | A | 1170 | Acquired | 2029-02-25 | Common Stock (1170) | Indirect |
| 2022-02-25 | Restricted Stock Unit | $0 | M | 373 | Disposed | 2028-02-25 | Common Stock (373) | Indirect |
Footnotes
F1: The restricted stock unit shall vest 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.