0000752714-25-000019.txt : 20250226 0000752714-25-000019.hdr.sgml : 20250226 20250226185547 ACCESSION NUMBER: 0000752714-25-000019 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20250224 FILED AS OF DATE: 20250226 DATE AS OF CHANGE: 20250226 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Hawkins Philip B CENTRAL INDEX KEY: 0001403246 ORGANIZATION NAME: FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 000-13292 FILM NUMBER: 25672071 MAIL ADDRESS: STREET 1: 5700 LAS POSITAS ROAD CITY: LIVERMORE STATE: CA ZIP: 94551 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: MCGRATH RENTCORP CENTRAL INDEX KEY: 0000752714 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-EQUIPMENT RENTAL & LEASING, NEC [7359] ORGANIZATION NAME: 07 Trade & Services 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 X0508 4 2025-02-24 0 0000752714 MCGRATH RENTCORP MGRC 0001403246 Hawkins Philip B 5700 LAS POSITAS ROAD LIVERMORE CA 94551 0 1 0 0 Chief Operating Officer 0 Common Stock 2025-02-24 4 M 0 1333 0 A 4483 D Common Stock 2025-02-24 4 M 0 657 0 A 5140 D Common Stock 2025-02-24 4 F 0 576 125.66 D 4564 D Common Stock 2025-02-25 4 M 0 4000 0 A 8564 D Common Stock 2025-02-25 4 M 0 667 0 A 9231 D Common Stock 2025-02-25 4 F 0 1277 125.25 D 7954 D Restricted Stock Unit 0 2025-02-24 4 M 0 1333 0 D 2031-02-23 Common Stock 1333 2667 D Restricted Stock Unit 0 2025-02-24 4 M 0 657 0 D 2024-02-24 2030-02-24 Common Stock 657 657 D Restricted Stock Unit 0 2025-02-25 4 M 0 2000 0 D 2029-02-25 Common Stock 2000 0 D Restricted Stock Unit 0 2025-02-25 4 M 0 667 0 D 2023-02-25 2029-02-25 Common Stock 667 0 D The conversion price of the RSUs was based on the closing price of McGrath RentCorp common stock on February 24, 2025 and therefore such date is determined to be the date exercisable. 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. Subject to vesting and upon achievement of certain performance goals, each vested RSU was converted into 200% of one share of McGrath RentCorp common stock. The RSUs are subject to a performance based vesting component at the end of a three-year performance period. The conversion price of the RSUs was based on the closing price of McGrath RentCorp common stock on February 25, 2025 and therefore such date is determined to be the date exercisable. David Whitney, POA for Philip B. Hawkins 2025-02-26