Form 4 for MGRC MCGRATH RENTCORP
Accepted 2022-03-02 00:00:00 ET · period of report 2022-02-28 · accession 0000752714-22-000024 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| D | 2022-03-02 | 2022-02-28 | MGRC | Porter Stuart Templeton | VP, Division Manager | F - Tax | $81.28 | -122 | 546 | -18% | -$9,916 |
| DM | 2022-03-02 | 2022-02-28 | MGRC | Porter Stuart Templeton | VP, Division Manager | M - OptEx | $0.00 | +518 | 668 | +345% | $0 |
| DM | 2022-03-02 | 2022-02-28 | MGRC | Porter Stuart Templeton | VP, Division Manager | M - OptEx | $0.00 | -518 | 0 | -100% | $0 |
| D | 2022-03-02 | 2022-02-28 | MGRC | Porter Stuart Templeton | VP, Division Manager | J - Other | $0.00 | -840 | 0 | -100% | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock | 2022-02-28 | F | D | 122 | $81.28 | 546 | D | — | — | |
| 2 | Common | Common Stock | 2022-02-28 | M | A | 281 | $0.00 | 431 | D | — | — | |
| 3 | Common | Common Stock | 2022-02-28 | M | A | 237 | $0.00 | 668 | D | — | — | |
| 4 | Derivative | Restricted Stock Unit | 2022-02-28 | M | D | 237 | $0.00 | 237 | D | $0.00 · — to 2027-02-27 | 237 Common Stock | (F3) 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. (F4) The conversion price of the RSUs was based on the closing price of McGrath RentCorp common stock on February 28, 2022 and therefore such date is determined to be the date exercisable. |
| 5 | Derivative | Restricted Stock Unit | 2022-02-28 | M | D | 281 | $0.00 | 0 | D | $0.00 · — to 2026-02-28 | 281 Common Stock | (F3) 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. |
| 6 | Derivative | Restricted Stock Unit | 2022-02-28 | J | D | 840 | $0.00 | 0 | D | $0.00 · — to 2022-02-28 | 840 Common Stock | (F2) The RSUs are subject to a performance based vesting component at the end of a three-year performance period. |