0000752714-25-000021.txt : 20250226
0000752714-25-000021.hdr.sgml : 20250226
20250226192802
ACCESSION NUMBER: 0000752714-25-000021
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: HANNA JOSEPH F
CENTRAL INDEX KEY: 0001226137
ORGANIZATION NAME:
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 000-13292
FILM NUMBER: 25672177
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
0001226137
HANNA JOSEPH F
C/O MCGRATH RENTCORP
5700 LAS POSITAS ROAD
LIVERMORE
CA
94551
0
1
0
0
President and CEO
0
Common Stock
2025-02-24
4
M
0
8806
0
A
177020
D
Common Stock
2025-02-24
4
M
0
3197
0
A
180217
D
Common Stock
2025-02-24
4
F
0
6565
125.66
D
173652
D
Common Stock
2025-02-25
4
M
0
16620
0
A
190272
D
Common Stock
2025-02-25
4
M
0
2771
0
A
193043
D
Common Stock
2025-02-25
4
F
0
10579
125.25
D
182464
D
Restricted Stock Unit
0
2025-02-24
4
M
0
8806
0
D
2031-02-23
Common Stock
8806
17614
D
Restricted Stock Unit
0
2025-02-24
4
M
0
3197
0
D
2024-02-24
2030-02-24
Common Stock
3197
3197
D
Restricted Stock Unit
0
2025-02-25
4
M
0
8310
0
D
2029-02-25
Common Stock
8310
0
D
Restricted Stock Unit
0
2025-02-25
4
M
0
2771
0
D
2023-02-25
2029-02-25
Common Stock
2771
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 Joseph Hanna
2025-02-26