Craft Melodie 4
4 · MCGRATH RENTCORP · Filed Mar 1, 2023
Insider Transaction Report
Form 4
MCGRATH RENTCORPMGRC
Craft Melodie
VP Legal Affairs and Risk Mgmt
Transactions
- Exercise/Conversion
Common Stock
2023-02-27+534→ 4,534 total - Exercise/Conversion
Common Stock
2023-02-27+666→ 5,787 total - Exercise/Conversion
Common Stock
2023-02-27+587→ 5,121 total - Award
Common Stock
2023-02-27+1,560→ 4,000 total - Tax Payment
Common Stock
2023-02-27$101.99/sh−825$84,142→ 4,962 total - Exercise/Conversion
Restricted Stock Unit
2023-02-27−587→ 587 totalExercise: $0.00Exp: 2028-02-25→ Common Stock (587 underlying) - Exercise/Conversion
Restricted Stock Unit
2023-02-27−534→ 0 totalExercise: $0.00From: 2021-02-27Exp: 2027-02-27→ Common Stock (534 underlying) - Exercise/Conversion
Restricted Stock Unit
2023-02-27−666→ 1,334 totalExercise: $0.00Exp: 2029-02-25→ Common Stock (666 underlying)
Footnotes (3)
- [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]The conversion price of the RSUs was based on the closing price of McGrath RentCorp common stock on February 27, 2023 and therefore such date is determined to be the date exercisable.
- [F3]Upon achievement of certain performance goals, each vested PSU converted into 97.5% of one share of McGrath RentCorp common stock.