4//SEC Filing
PRATT KEITH E 4
Accession 0000752714-25-000020
CIK 0000752714other
Filed
Feb 25, 7:00 PM ET
Accepted
Feb 26, 7:15 PM ET
Size
21.6 KB
Accession
0000752714-25-000020
Insider Transaction Report
Form 4
MCGRATH RENTCORPMGRC
PRATT KEITH E
Sr VP and CFO
Transactions
- Exercise/Conversion
Common Stock
2025-02-25+1,077→ 70,676 total - Exercise/Conversion
Restricted Stock Unit
2025-02-24−1,200→ 1,201 totalExercise: $0.00From: 2024-02-24Exp: 2030-02-24→ Common Stock (1,200 underlying) - Exercise/Conversion
Common Stock
2025-02-24+1,200→ 65,376 total - Tax Payment
Common Stock
2025-02-24$125.66/sh−2,237$281,101→ 63,139 total - Exercise/Conversion
Common Stock
2025-02-25+6,460→ 69,599 total - Tax Payment
Common Stock
2025-02-25$125.25/sh−3,909$489,602→ 66,767 total - Exercise/Conversion
Restricted Stock Unit
2025-02-24−3,069→ 6,141 totalExercise: $0.00Exp: 2031-02-23→ Common Stock (3,069 underlying) - Exercise/Conversion
Restricted Stock Unit
2025-02-25−1,077→ 0 totalExercise: $0.00From: 2023-02-25Exp: 2029-02-25→ Common Stock (1,077 underlying) - Exercise/Conversion
Common Stock
2025-02-24+3,069→ 64,176 total - Exercise/Conversion
Restricted Stock Unit
2025-02-25−3,230→ 0 totalExercise: $0.00Exp: 2029-02-25→ Common Stock (3,230 underlying)
Footnotes (5)
- [F1]The conversion price of the RSUs was based on the closing price of McGrath RentCorp common stock on February 24, 2025 and therefore such date is determined to be the date exercisable.
- [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]Subject to vesting and upon achievement of certain performance goals, each vested RSU was converted into 200% of one share of McGrath RentCorp common stock.
- [F4]The RSUs are subject to a performance based vesting component at the end of a three-year performance period.
- [F5]The conversion price of the RSUs was based on the closing price of McGrath RentCorp common stock on February 25, 2025 and therefore such date is determined to be the date exercisable.
Documents
Issuer
MCGRATH RENTCORP
CIK 0000752714
Entity typeother
Related Parties
1- filerCIK 0001231890
Filing Metadata
- Form type
- 4
- Filed
- Feb 25, 7:00 PM ET
- Accepted
- Feb 26, 7:15 PM ET
- Size
- 21.6 KB