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
MCGRATH RENTCORPMGRC
Adler Steven H
President, Adler Tank Rentals
Transactions
- Exercise/Conversion
Common Stock
2014-03-03+3,600→ 35,278 total - Gift
Common Stock
2014-03-03$32.64/sh−1,094$35,708→ 34,184 total - Award
Stock Appreciation Right
2014-03-03+10,900→ 10,900 totalExercise: $32.64From: 2015-03-03Exp: 2021-03-03→ Common Stock (10,900 underlying) - Award
Restricted Stock Units
2014-03-03+3,100→ 3,100 totalExercise: $0.00Exp: 2021-03-03→ Common Stock (3,100 underlying) - Exercise/Conversion
Restricted Stock Units
2014-03-03−3,600→ 2,400 totalExercise: $0.00From: 2014-03-03Exp: 2018-02-25→ Common Stock (2,400 underlying)
Holdings
- 189(indirect: By KSOP)
Common Stock
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.
Documents
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