Form 4 for MGRC MCGRATH RENTCORP
Accepted 2023-02-03 00:00:00 ET · period of report 2023-02-01 · accession 0000752714-23-000001 · 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 | 2023-02-03 | 2023-02-01 | MGRC | Porter Stuart Templeton | VP, Division Manager | F - Tax | $98.42 | -472 | 2,326 | -17% | -$46.5K |
| DM | 2023-02-03 | 2023-02-01 | MGRC | Porter Stuart Templeton | VP, Division Manager | M - OptEx | $0.00 | +1,616 | 1,382 | New | $0 |
| DM | 2023-02-03 | 2023-02-01 | MGRC | Porter Stuart Templeton | VP, Division Manager | J - Other | $0.00 | -2,138 | 0 | -100% | $0 |
| DM | 2023-02-03 | 2023-02-01 | MGRC | Porter Stuart Templeton | VP, Division Manager | M - OptEx | $0.00 | -1,616 | 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 | 2023-02-01 | F | D | 472 | $98.42 | 2,326 | D | — | — | |
| 2 | Common | Common Stock | 2023-02-01 | M | A | 237 | $0.00 | 2,798 | D | — | — | |
| 3 | Common | Common Stock | 2023-02-01 | M | A | 710 | $0.00 | 2,561 | D | — | — | |
| 4 | Common | Common Stock | 2023-02-01 | M | A | 213 | $0.00 | 1,851 | D | — | — | |
| 5 | Common | Common Stock | 2023-02-01 | M | A | 256 | $0.00 | 1,638 | D | — | — | |
| 6 | Common | Common Stock | 2023-02-01 | M | A | 200 | $0.00 | 1,382 | D | — | — | |
| 7 | Derivative | Restricted Stock Unit | 2023-02-01 | J | D | 514 | $0.00 | 0 | D | $0.00 · — to 2029-02-25 | 514 Common Stock | (F4) The unvested balance of the service based RSUs awarded on 2/25/2022 is forfeited in connection with the sale of the Adler business, as disclosed in the Current Report on Form 8-K filed with the Securities and Exchange Commission on February 1, 2023. |
| 8 | Derivative | Restricted Stock Unit | 2023-02-01 | J | D | 640 | $0.00 | 0 | D | $0.00 · — to 2028-02-25 | 640 Common Stock | (F8) The unvested balance of the performance based RSUs awarded on 2/25/2021 is forfeited in connection with the sale of the Adler business, as disclosed in the Current Report on Form 8-K filed with the Securities and Exchange Commission on February 1, 2023. |
| 9 | Derivative | Restricted Stock Unit | 2023-02-01 | M | D | 200 | $0.00 | 0 | D | $0.00 · — to 2025-03-01 | 200 Common Stock | (F1) In connection with the sale of the Adler business, as disclosed in the Current Report on Form 8K filed with the Securities and Exchange Commission on February 1, 2023 (the Adler Transaction), the tranche of restricted stock unit subject to this grant which would have vested in March 2023 was accelerated and deemed vested as of the closing date of the Adler Transaction. Each restricted stock unit represents a right to receive one share of McGrath RentCorp common stock or an amount equal to the fair market value of the McGrath RentCorp common stock underlying the unit on the vesting date. |
| 10 | Derivative | Restricted Stock Unit | 2023-02-01 | M | D | 256 | $0.00 | 514 | D | $0.00 · — to 2029-02-25 | 256 Common Stock | (F2) In connection with the sale of the Adler business, as disclosed in the Current Report on Form 8-K filed with the Securities and Exchange Commission on February 1, 2023 (the Adler Transaction), the tranche of restricted stock unit subject to this grant which would have vested in February 2023 was accelerated and deemed vested as of the closing date of the Adler Transaction. Each restricted stock unit represents a right to receive one share of McGrath RentCorp common stock or an amount equal to the fair market value of the McGrath RentCorp common stock underlying the unit on the vesting date. |
| 11 | Derivative | Restricted Stock Unit | 2023-02-01 | J | D | 770 | $0.00 | 0 | D | $0.00 · — to 2029-02-25 | 770 Common Stock | (F10) The unvested balance of the performance based RSUs awarded on 2/25/2022 is forfeited in connection with the sale of the Adler business, as disclosed in the Current Report on Form 8-K filed with the Securities and Exchange Commission on February 1, 2023. |
| 12 | Derivative | Restricted Stock Unit | 2023-02-01 | M | D | 213 | $0.00 | 214 | D | $0.00 · — to 2028-02-25 | 213 Common Stock | (F2) In connection with the sale of the Adler business, as disclosed in the Current Report on Form 8-K filed with the Securities and Exchange Commission on February 1, 2023 (the Adler Transaction), the tranche of restricted stock unit subject to this grant which would have vested in February 2023 was accelerated and deemed vested as of the closing date of the Adler Transaction. Each restricted stock unit represents a right to receive one share of McGrath RentCorp common stock or an amount equal to the fair market value of the McGrath RentCorp common stock underlying the unit on the vesting date. |
| 13 | Derivative | Restricted Stock Unit | 2023-02-01 | J | D | 214 | $0.00 | 0 | D | $0.00 · — to 2028-02-25 | 214 Common Stock | (F11) The unvested balance of the service based RSUs awarded on 2/25/2021 is forfeited in connection with the sale of the Adler business, as disclosed in the Current Report on Form 8-K filed with the Securities and Exchange Commission on February 1, 2023. |
| 14 | Derivative | Restricted Stock Unit | 2023-02-01 | M | D | 710 | $0.00 | 0 | D | $0.00 · — to 2027-02-27 | 710 Common Stock | (F6) In connection with the sale of the Adler business, as disclosed in the Current Report on Form 8-K filed with the Securities and Exchange Commission on February 1, 2023, 100% of this performance based restricted stock unit was accelerated and deemed achieved at target for years 2020, 2021 and 2022. Each performance based RSU converts into one share of McGrath RentCorp common stock. |
| 15 | Derivative | Restricted Stock Unit | 2023-02-01 | M | D | 237 | $0.00 | 0 | D | $0.00 · — to 2027-02-27 | 237 Common Stock | (F2) In connection with the sale of the Adler business, as disclosed in the Current Report on Form 8-K filed with the Securities and Exchange Commission on February 1, 2023 (the Adler Transaction), the tranche of restricted stock unit subject to this grant which would have vested in February 2023 was accelerated and deemed vested as of the closing date of the Adler Transaction. Each restricted stock unit represents a right to receive one share of McGrath RentCorp common stock or an amount equal to the fair market value of the McGrath RentCorp common stock underlying the unit on the vesting date. |