MCGRATH RENTCORP 4

4 · MCGRATH RENTCORP · Filed Mar 2, 2016

Form 4

Period: 2016-02-29

CEO

Transactions

Tax Payment
Common Stock
2016-02-29$24.60/sh−1,912$47,035→ 340,921 total
Award
Stock Appreciation Right
2016-02-29+149,300→ 149,300 total
Exercise: $24.60From: 2017-03-01Exp: 2023-03-01→ Common Stock (149,300 underlying)
Other
Restricted Stock Units
2016-02-29−15,600→ 0 total
Exercise: $0.00Exp: 2020-02-25→ Common Stock (15,600 underlying)
Exercise/Conversion
Restricted Stock Units
2016-02-29−4,962→ 0 total
Exercise: $0.00Exp: 2018-02-25→ Common Stock (4,962 underlying)
Exercise/Conversion
Common Stock
2016-02-29+4,962→ 342,833 total

Footnotes (5)

[F1]20% vests on first anniversary of grant date; 5% vests each anniversary quarter thereafter.
[F2]Shares acquired upon vesting of performance based RSUs. Each vested RSU converts into 188% of one share of McGrath RentCorp common stock.
[F3]Forfeiture of performance based RSUs awarded on 2/25/2013.
[F4]The RSUs are subject to a performance based vesting component at the end of a three-year performance period.
[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 February 29, 2016 and therefore such date is determined to be the date exercisable.

Documents

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