0000752714-25-000022.txt : 20250226 0000752714-25-000022.hdr.sgml : 20250226 20250226200537 ACCESSION NUMBER: 0000752714-25-000022 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: Whitney David M CENTRAL INDEX KEY: 0001357113 ORGANIZATION NAME: FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 000-13292 FILM NUMBER: 25672311 MAIL ADDRESS: STREET 1: 5700 LOS 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 0001357113 Whitney David M C/O MCGRATH RENTCORP 5700 LAS POSITAS ROAD LIVERMORE CA 94551 0 1 0 0 SVP, Chief Accounting Officer 0 Common Stock 2025-02-24 4 M 0 586 0 A 1731 D Common Stock 2025-02-24 4 M 0 353 0 A 2084 D Common Stock 2025-02-24 4 F 0 538 125.66 D 1546 D Common Stock 2025-02-25 4 M 0 2340 0 A 3886 D Common Stock 2025-02-25 4 M 0 391 0 A 4277 D Common Stock 2025-02-25 4 F 0 1464 125.25 D 2813 D Common Stock 2025-02-24 4 M 0 933 0 A 8010 I Spouse's Holding Common Stock 2025-02-24 4 M 0 510 0 A 8520 I Spouse's Holding Common Stock 2025-02-24 4 F 0 806 125.66 D 7714 I Spouse's Holding Common Stock 2025-02-25 4 M 0 3140 0 A 7714 I Spouse's Holding Common Stock 2025-02-25 4 M 0 524 0 A 11648 I Spouse's Holding Common Stock 2025-02-25 4 F 0 1963 125.25 D 9415 I Spouse's Holding Restricted Stock Unit 0 2025-02-24 4 M 0 586 0 D 2031-02-23 Common Stock 586 1174 D Restricted Stock Unit 0 2025-02-24 4 M 0 353 0 D 2024-02-24 2030-02-24 Common Stock 353 354 D Restricted Stock Unit 0 2025-02-25 4 M 0 1170 0 D 2029-02-25 Common Stock 1170 0 D Restricted Stock Unit 0 2025-02-25 4 M 0 391 0 D 2023-02-25 2029-02-25 Common Stock 391 0 D Restricted Stock Unit 0 2025-02-24 4 M 0 933 0 D 2031-02-23 Common Stock 933 1867 I Spouse's Holding Restricted Stock Unit 0 2025-02-24 4 M 0 510 0 D 2024-02-24 2030-02-24 Common Stock 510 511 I Spouse's Holding Restricted Stock Unit 0 2025-02-25 4 M 0 1570 0 D 2029-02-25 Common Stock 1570 0 I Spouse's Holding Restricted Stock Unit 0 2025-02-25 4 M 0 524 0 D 2023-02-25 2029-02-25 Common Stock 524 0 I Spouse's Holding 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. Keith Pratt, POA for David Whitney 2025-02-26