Home/Filings/4/0001246360-14-001634
4//SEC Filing

MCGRATH RENTCORP 4

Accession 0001246360-14-001634

$MGRCCIK 0000752714operating

Filed

Mar 5, 7:00 PM ET

Accepted

Mar 6, 9:00 AM ET

Size

14.0 KB

Accession

0001246360-14-001634

Insider Transaction Report

Form 4
Period: 2014-03-03
Adler Steven H
President, Adler Tank Rentals
Transactions
  • Exercise/Conversion

    Common Stock

    2014-03-03+3,60035,278 total
  • Gift

    Common Stock

    2014-03-03$32.64/sh1,094$35,70834,184 total
  • Award

    Stock Appreciation Right

    2014-03-03+10,90010,900 total
    Exercise: $32.64From: 2015-03-03Exp: 2021-03-03Common Stock (10,900 underlying)
  • Award

    Restricted Stock Units

    2014-03-03+3,1003,100 total
    Exercise: $0.00Exp: 2021-03-03Common Stock (3,100 underlying)
  • Exercise/Conversion

    Restricted Stock Units

    2014-03-033,6002,400 total
    Exercise: $0.00From: 2014-03-03Exp: 2018-02-25Common Stock (2,400 underlying)
Holdings
  • Common Stock

    (indirect: By KSOP)
    189
Footnotes (5)
  • [F1]20% vests on first anniversary of grant date; 5% vests each anniversary quarter thereafter.
  • [F2]The RSUs are subject to a performance based vesting component at the end of a three-year performance period.
  • [F3]Unless earlier forfeited, each performance based RSU vests and converts into no less than 10% and no more than 200% of one share of McGrath RentCorp common stock. The RSUs vest 60% at the end of the three-year performance period if the performance goals are satisfied; then 20% vests each anniversary thereafter.
  • [F4]Shares acquired upon vesting of performance based RSUs. Each vested RSU converts into 200% of one share of McGrath RentCorp common stock.
  • [F5]The RSUs vest 60% at the end of the three-year performance period if the performance goal is satisfied; then 20% vests each anniversary thereafter. The conversion price of the RSUs was based on the closing price of McGrath RentCorp common stock on March 3, 2014 and therefore such date is determined to be the date exercisable.

Issuer

MCGRATH RENTCORP

CIK 0000752714

Entity typeoperating
IncorporatedCA

Related Parties

1
  • filerCIK 0000752714

Filing Metadata

Form type
4
Filed
Mar 5, 7:00 PM ET
Accepted
Mar 6, 9:00 AM ET
Size
14.0 KB