AI assistant
MCGRATH RENTCORP — Director's Dealing 2023
Jun 1, 2023
31410_dirs_2023-06-01_f38efd16-0a3c-4ee5-af30-8f0315372bfb.zip
Director's Dealing
Open in viewerOpens in your device viewer
SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: MCGRATH RENTCORP (MGRC)
CIK: 0000752714
Period of Report: 2023-05-30
Reporting Person: Wescott Tara (Vice President Human Resources)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2023-05-30 | Common Stock | M | 957 | — | Acquired | 1710 | Direct |
| 2023-05-30 | Common Stock | F | 331 | $89.98 | Disposed | 1379 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2023-05-30 | Restricted Stock Unit | $0 | M | 957 | Disposed | 2027-05-29 | Common Stock (957) | Direct |
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. The conversion price of the RSUs was based on the closing price of McGrath RentCorp common stock on May 30, 2023 and therefore such date is determined to be the date exercisable.