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MCGRATH RENTCORP — Director's Dealing 2024
Apr 3, 2024
31410_dirs_2024-04-03_b0a474bd-e559-4dc9-b922-8aa8a9613ea1.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: 2024-04-01
Reporting Person: Malek Gilda (VP General Counsel and Corpora)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2024-04-01 | Common Stock | M | 1429 | — | Acquired | 1429 | Direct |
| 2024-04-01 | Common Stock | F | 510 | $120.77 | Disposed | 919 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2024-04-01 | Restricted Stock Unit | $0 | M | 1429 | Disposed | 2030-03-31 | Common Stock (1429) | 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 April 1, 2024 and therefore such dates is determined to be the date exercisable.