0000752714-23-000022.txt : 20230301 0000752714-23-000022.hdr.sgml : 20230301 20230301184845 ACCESSION NUMBER: 0000752714-23-000022 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20230227 FILED AS OF DATE: 20230301 DATE AS OF CHANGE: 20230301 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: PRATT KEITH E CENTRAL INDEX KEY: 0001231890 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 000-13292 FILM NUMBER: 23695662 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: MCGRATH RENTCORP CENTRAL INDEX KEY: 0000752714 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-EQUIPMENT RENTAL & LEASING, NEC [7359] IRS NUMBER: 942579843 STATE OF INCORPORATION: CA FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 5700 LAS POSITAS RD CITY: LIVERMORE STATE: CA ZIP: 94551 BUSINESS PHONE: 925-606-9200 MAIL ADDRESS: STREET 1: 5700 LAS POSITAS RD CITY: LIVERMORE STATE: CA ZIP: 94551 4 1 primary_doc.xml PRIMARY DOCUMENT X0306 4 2023-02-27 0 0000752714 MCGRATH RENTCORP MGRC 0001231890 PRATT KEITH E C/O MCGRATH RENTCORP 5700 LAS POSITAS ROAD LIVERMORE CA 94551 0 1 0 0 Executive VP and CFO Common Stock 2023-02-27 4 A 0 3120 0 A 46450 D Common Stock 2023-02-27 4 M 0 1067 0 A 47517 D Common Stock 2023-02-27 4 M 0 1017 0 A 48534 D Common Stock 2023-02-27 4 M 0 1076 0 A 49610 D Common Stock 2023-02-27 4 F 0 3115 101.99 D 46495 D Restricted Stock Unit 0 2023-02-27 4 M 0 1067 0 D 2021-02-27 2027-02-27 Common Stock 1067 0 D Restricted Stock Unit 0 2023-02-27 4 M 0 1017 0 D 2028-02-25 Common Stock 1017 1017 D Restricted Stock Unit 0 2023-02-27 4 M 0 1076 0 D 2029-02-25 Common Stock 1076 2154 D 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. The conversion price of the RSUs was based on the closing price of McGrath RentCorp common stock on February 27, 2023 and therefore such date is determined to be the date exercisable. Upon achievement of certain performance goals, each vested PSU converted into 97.5% of one share of McGrath RentCorp common stock. David Whitney, POA for Keith Pratt 2023-03-01