4//SEC Filing
MCGRATH RENTCORP 4
Accession 0001246360-15-001358
$MGRCCIK 0000752714operating
Filed
Mar 3, 7:00 PM ET
Accepted
Mar 4, 9:35 PM ET
Size
19.1 KB
Accession
0001246360-15-001358
Insider Transaction Report
Form 4
MCGRATH RENTCORPMGRC
Transactions
- Exercise/Conversion
Common Stock
2015-03-02+5,200→ 336,730 total - Exercise/Conversion
Common Stock
2015-03-02+4,964→ 341,694 total - Tax Payment
Common Stock
2015-03-02$31.99/sh−3,823$122,298→ 337,871 total - Award
Restricted Stock Units
2015-03-02+14,100→ 14,100 totalExercise: $0.00Exp: 2022-03-02→ Common Stock (14,100 underlying) - Exercise/Conversion
Restricted Stock Units
2015-03-02−4,964→ 4,962 totalExercise: $0.00From: 2015-03-02Exp: 2018-02-25→ Common Stock (4,964 underlying) - Award
Stock Appreciation Right
2015-03-02+66,800→ 66,800 totalExercise: $31.99From: 2016-03-02Exp: 2022-03-02→ Common Stock (66,800 underlying) - Exercise/Conversion
Restricted Stock Units
2015-03-02−5,200→ 0 totalExercise: $0.00From: 2015-03-02Exp: 2017-02-26→ Common Stock (5,200 underlying) - Other
Restricted Stock Unit
2015-03-02−11,800→ 0 totalExercise: $0.00Exp: 2019-03-02→ Common Stock (0 underlying)
Footnotes (7)
- [F1]The RSUs are subject to a performance based vesting component at the end of a three-year performance period.
- [F2]Unless earlier forfeited under the terms of the performance based RSU, each 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 goal is satisfied; then 20% vests each anniversary thereafter.
- [F3]20% vests on first anniversary of grant date; 5% vests each anniversary quarter 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]Shares acquired upon vesting of performance based RSUs. Each vested RSU converts into 188% of one share of McGrath RentCorp common stock.
- [F6]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 2, 2015 and therefore such date is determined to be the date exercisable.
- [F7]Forfeiture of performance based RSUs awarded on 3/2/2012.
Documents
Issuer
MCGRATH RENTCORP
CIK 0000752714
Entity typeoperating
IncorporatedCA
Related Parties
1- filerCIK 0000752714
Filing Metadata
- Form type
- 4
- Filed
- Mar 3, 7:00 PM ET
- Accepted
- Mar 4, 9:35 PM ET
- Size
- 19.1 KB