4//SEC Filing
Craft Melodie 4
Accession 0000752714-22-000021
CIK 0000752714other
Filed
Mar 1, 7:00 PM ET
Accepted
Mar 2, 6:06 PM ET
Size
16.4 KB
Accession
0000752714-22-000021
Insider Transaction Report
Form 4
MCGRATH RENTCORPMGRC
Craft Melodie
VP Legal Affairs and Risk Mgmt
Transactions
- Exercise/Conversion
Common Stock
2022-02-28+2,438→ 4,621 total - Exercise/Conversion
Common Stock
2022-02-28+557→ 5,178 total - Exercise/Conversion
Common Stock
2022-02-28+533→ 5,711 total - Tax Payment
Common Stock
2022-02-28$81.28/sh−887$72,095→ 4,824 total - Exercise/Conversion
Restricted Stock Unit
2022-02-28−2,438→ 0 totalExercise: $0.00Exp: 2026-02-28→ Common Stock (2,438 underlying) - Exercise/Conversion
Restricted Stock Unit
2022-02-28−557→ 0 totalExercise: $0.00Exp: 2026-02-28→ Common Stock (557 underlying) - Exercise/Conversion
Restricted Stock Unit
2022-02-28−533→ 534 totalExercise: $0.00Exp: 2027-02-27→ Common Stock (533 underlying)
Footnotes (4)
- [F1]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.
- [F2]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.
- [F3]The conversion price of the RSUs was based on the closing price of McGrath RentCorp common stock on February 28, 2022 and therefore such date is determined to be the date exercisable.
- [F4]Shares acquired upon vesting of performance based RSUs. Each vested RSU converts into 146% of one share of McGrath RentCorp common stock.
Documents
Issuer
MCGRATH RENTCORP
CIK 0000752714
Entity typeother
Related Parties
1- filerCIK 0001738114
Filing Metadata
- Form type
- 4
- Filed
- Mar 1, 7:00 PM ET
- Accepted
- Mar 2, 6:06 PM ET
- Size
- 16.4 KB