-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, RaAyj7ALm10pstGR9DfdxYZXvdOb8OVD45XLtn1xDTPltBN13KiHVuoVWaK6HD46 kln8obiH5KwJXzDadZC4Sg== 0000912057-02-005937.txt : 20020414 0000912057-02-005937.hdr.sgml : 20020414 ACCESSION NUMBER: 0000912057-02-005937 CONFORMED SUBMISSION TYPE: SC 13G/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20020214 GROUP MEMBERS: CYNTHIA V. DOGGETT GROUP MEMBERS: GILBERT M. RODDY, JR. GROUP MEMBERS: THE EVELYN C. MACDONALD FAMILY TRUST FOR THE BENEFIT OF STEW GROUP MEMBERS: THE NEW CENTURY TRUST GROUP MEMBERS: THE STEWART G. MACDONALD, JR. 1984 TRUST SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: MAC-GRAY CORP CENTRAL INDEX KEY: 0001038280 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-PERSONAL SERVICES [7200] IRS NUMBER: 043361982 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-53449 FILM NUMBER: 02544782 BUSINESS ADDRESS: STREET 1: 22 WATER ST CITY: CAMBRIDGE STATE: MA ZIP: 02141 BUSINESS PHONE: 6174924040 MAIL ADDRESS: STREET 1: 22 WATER STREET CITY: CAMBRIDGE STATE: MA ZIP: 02141 FORMER COMPANY: FORMER CONFORMED NAME: MAC GRAY INC DATE OF NAME CHANGE: 19970424 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: MACDONALD STEWART GRAY JR CENTRAL INDEX KEY: 0001055341 FILING VALUES: FORM TYPE: SC 13G/A BUSINESS ADDRESS: STREET 1: C/O MAC-GRAY CORP STREET 2: 22 WATER ST CITY: CAMBRIDGE STATE: MA ZIP: 02141 BUSINESS PHONE: 6174924040 MAIL ADDRESS: STREET 1: C/O MAC-GRAY CORP STREET 2: 22 WATER ST CITY: CAMBRIDGE STATE: MA ZIP: 02141 SC 13G/A 1 a2070180zsc13ga.txt SC 13G/A Page 1 of 22 Pages UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13G Under the Securities Exchange Act of 1934 (Amendment No. 4) Mac-Gray Corporation ------------------------------------------------------------------- (Name of Issuer) Common Stock, $.01 par value ---------------------------------------------------------- (Title of Class of Securities) 554153-10-6 -------------------------- (CUSIP Number) Check the appropriate box to designate the rule pursuant to which this Schedule is filed: [ ] Rule 13d-1(b) [ ] Rule 13d-1(c) [X] Rule 13d-1(d) Page 2 of 22 Pages SCHEDULE 13G CUSIP NO. 554153-10-6 ------------------------ - ------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSON Stewart Gray MacDonald, Jr. - ------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) / / (b) /X/ - ------------------------------------------------------------------------------- 3 SEC USE ONLY - ------------------------------------------------------------------------------- 4 CITIZENSHIP OR PLACE OF ORGANIZATION United States - ------------------------------------------------------------------------------- 5 SOLE VOTING POWER NUMBER OF SHARES 299,997 BENEFICIALLY ---------------------------------------------------- OWNED BY 6 SHARED VOTING POWER EACH REPORTING 1,451,206 PERSON ---------------------------------------------------- WITH 7 SOLE DISPOSITIVE POWER 299,997 ---------------------------------------------------- 8 SHARED DISPOSITIVE POWER 2,017,873 - ------------------------------------------------------------------------------- 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 2,317,870 - ------------------------------------------------------------------------------- 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* /X/ See Item 4. - ------------------------------------------------------------------------------- 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 18.0% (Based upon 12,646,414 shares of Common Stock reported issued and outstanding in the issuer's quarterly report on Form 10-Q (File No. 001-13495) filed on November 13, 2001 and 213,570 shares of Common Stock that the reporting person has the right to acquire through the exercise of options.) - ------------------------------------------------------------------------------- 12 TYPE OF REPORTING PERSON* IN - ------------------------------------------------------------------------------- *SEE INSTRUCTIONS BEFORE FILLING OUT! Page 3 of 22 Pages SCHEDULE 13G CUSIP NO. 554153-10-6 ------------------------ - ------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSON Cynthia V. Doggett - ------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) / / (b) /X/ - ------------------------------------------------------------------------------- 3 SEC USE ONLY - ------------------------------------------------------------------------------- 4 CITIZENSHIP OR PLACE OF ORGANIZATION United States - ------------------------------------------------------------------------------- 5 SOLE VOTING POWER NUMBER OF SHARES 165,494 BENEFICIALLY ---------------------------------------------------- OWNED BY 6 SHARED VOTING POWER EACH REPORTING 1,585,709 PERSON ---------------------------------------------------- WITH 7 SOLE DISPOSITIVE POWER 165,494 ---------------------------------------------------- 8 SHARED DISPOSITIVE POWER 2,152,376 - ------------------------------------------------------------------------------- 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 2,317,870 - ------------------------------------------------------------------------------- 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* /X/ See Item 4. - ------------------------------------------------------------------------------- 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 18.0% (Based upon 12,646,414 shares of Common Stock reported issued and outstanding in the issuer's quarterly report on Form 10-Q (File No. 001-13495) filed on November 13, 2001 and 213,570 shares of Common Stock that the reporting person's spouse has the right to acquire through the exercise of options.) - ------------------------------------------------------------------------------- 12 TYPE OF REPORTING PERSON* IN - ------------------------------------------------------------------------------- *SEE INSTRUCTIONS BEFORE FILLING OUT! Page 4 of 22 Pages SCHEDULE 13G CUSIP NO. 554153-10-6 ------------------------ - ------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSON The Evelyn C. MacDonald Family Trust for the benefit of Stewart G. MacDonald, Jr. - ------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) / / (b) /X/ - ------------------------------------------------------------------------------- 3 SEC USE ONLY - ------------------------------------------------------------------------------- 4 CITIZENSHIP OR PLACE OF ORGANIZATION Massachusetts - ------------------------------------------------------------------------------- 5 SOLE VOTING POWER NUMBER OF SHARES 566,667 BENEFICIALLY ---------------------------------------------------- OWNED BY 6 SHARED VOTING POWER EACH REPORTING ---------------------------------------------------- PERSON 7 SOLE DISPOSITIVE POWER WITH 566,667 ---------------------------------------------------- 8 SHARED DISPOSITIVE POWER - ------------------------------------------------------------------------------- 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 566,667 - ------------------------------------------------------------------------------- 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* /X/ See Item 4. - ------------------------------------------------------------------------------- 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 4.5% (Based upon 12,646,414 shares of Common Stock reported issued and outstanding in the issuer's quarterly report on Form 10-Q (File No. 001-13495) filed on November 13, 2001.) - ------------------------------------------------------------------------------- 12 TYPE OF REPORTING PERSON* OO (Trust) - ------------------------------------------------------------------------------- *SEE INSTRUCTIONS BEFORE FILLING OUT! Page 5 of 22 Pages SCHEDULE 13G CUSIP NO. 554153-10-6 ------------------------ - ------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSON The Stewart G. MacDonald, Jr. 1984 Trust - ------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) / / (b) /X/ - ------------------------------------------------------------------------------- 3 SEC USE ONLY - ------------------------------------------------------------------------------- 4 CITIZENSHIP OR PLACE OF ORGANIZATION Massachusetts - ------------------------------------------------------------------------------- 5 SOLE VOTING POWER NUMBER OF SHARES 655,000 BENEFICIALLY ---------------------------------------------------- OWNED BY 6 SHARED VOTING POWER EACH REPORTING ---------------------------------------------------- PERSON 7 SOLE DISPOSITIVE POWER WITH 655,000 ---------------------------------------------------- 8 SHARED DISPOSITIVE POWER - ------------------------------------------------------------------------------- 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 655,000 - ------------------------------------------------------------------------------- 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* /X/ See Item 4. - ------------------------------------------------------------------------------- 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 5.2% (Based upon 12,646,414 shares of Common Stock reported issued and outstanding in the issuer's quarterly report on Form 10-Q (File No. 001-13495) filed on November 13, 2001.) - ------------------------------------------------------------------------------- 12 TYPE OF REPORTING PERSON* OO (Trust) - ------------------------------------------------------------------------------- *SEE INSTRUCTIONS BEFORE FILLING OUT! Page 6 of 22 Pages SCHEDULE 13G CUSIP NO. 554153-10-6 ------------------------ - ------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSON The New Century Trust - ------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) / / (b) /X/ - ------------------------------------------------------------------------------- 3 SEC USE ONLY - ------------------------------------------------------------------------------- 4 CITIZENSHIP OR PLACE OF ORGANIZATION Massachusetts - ------------------------------------------------------------------------------- 5 SOLE VOTING POWER NUMBER OF SHARES 561,400 BENEFICIALLY ---------------------------------------------------- OWNED BY 6 SHARED VOTING POWER EACH REPORTING ---------------------------------------------------- PERSON 7 SOLE DISPOSITIVE POWER WITH 561,400 ---------------------------------------------------- 8 SHARED DISPOSITIVE POWER - ------------------------------------------------------------------------------- 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 561,400 - ------------------------------------------------------------------------------- 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* /X/ See Item 4. - ------------------------------------------------------------------------------- 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 4.4% (Based upon 12,646,414 shares of Common Stock reported issued and outstanding in the issuer's quarterly report on Form 10-Q (File No. 001-13495) filed on November 13, 2001.) - ------------------------------------------------------------------------------- 12 TYPE OF REPORTING PERSON* OO (Trust) - ------------------------------------------------------------------------------- *SEE INSTRUCTIONS BEFORE FILLING OUT! Page 7 of 22 Pages SCHEDULE 13G CUSIP NO. 554153-10-6 ------------------------ - ------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSON Gilbert M. Roddy, Jr. - ------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) / / (b) /X/ - ------------------------------------------------------------------------------- 3 SEC USE ONLY - ------------------------------------------------------------------------------- 4 CITIZENSHIP OR PLACE OF ORGANIZATION United States - ------------------------------------------------------------------------------- 5 SOLE VOTING POWER NUMBER OF SHARES BENEFICIALLY ---------------------------------------------------- OWNED BY 6 SHARED VOTING POWER EACH REPORTING 561,400 PERSON ---------------------------------------------------- WITH 7 SOLE DISPOSITIVE POWER ---------------------------------------------------- 8 SHARED DISPOSITIVE POWER 561,400 - ------------------------------------------------------------------------------- 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 561,400 - ------------------------------------------------------------------------------- 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* /X/ See Item 4. - ------------------------------------------------------------------------------- 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 4.4% (Based upon 12,646,414 shares of Common Stock reported issued and outstanding in the issuer's quarterly report on Form 10-Q (File No. 001-13495) filed on November 13, 2001.) - ------------------------------------------------------------------------------- 12 TYPE OF REPORTING PERSON* IN - ------------------------------------------------------------------------------- *SEE INSTRUCTIONS BEFORE FILLING OUT! Page 8 of 22 Pages STATEMENT ON SCHEDULE 13G Item 1(a). NAME OF ISSUER: Mac-Gray Corporation Item 1(b). ADDRESS OF ISSUER'S PRINCIPAL EXECUTIVE OFFICES: 22 Water Street Cambridge, MA 02141 Item 2(a). NAMES OF PERSONS FILING: 1. Stewart Gray MacDonald, Jr. 2. Cynthia V. Doggett 3. The Evelyn C. MacDonald Family Trust for the benefit of Stewart G. MacDonald, Jr. 4. The Stewart G. MacDonald, Jr. 1984 Trust 5. The New Century Trust 6. Gilbert M. Roddy, Jr. The persons enumerated in this Item 2(a) are sometimes hereinafter referred to individually as a "Reporting Person" and collectively as the "Reporting Persons." Pursuant to the filing of this Schedule 13G, the Reporting Persons have executed that certain Joint Filing Agreement attached as EXHIBIT B hereto. --------- Page 9 of 22 Pages Item 2(b). BUSINESS MAILING ADDRESS FOR ALL REPORTING PERSONS: c/o Mac-Gray Corporation 22 Water Street Cambridge, MA 02141 Item 2(c). CITIZENSHIP: Each Reporting Person who is an individual has United States citizenship. Each Reporting Person that is a trust is incorporated within the Commonwealth of Massachusetts. Item 2(d). TITLE OF CLASS OF SECURITIES: Common Stock, $.01 Par Value Item 2(e). CUSIP NUMBER: 554153-10-6 Item 3. IF THIS STATEMENT IS FILED PURSUANT TO RULES 13d-1(b), OR 13d-2(b), CHECK WHETHER THE PERSON FILING IS A: Not Applicable Page 10 of 22 Pages Item 4. OWNERSHIP: A total of 12,646,414 shares of common stock, $.01 par value (the "Common Stock") of Mac-Gray Corporation (the "Company") were reported in the Company's quarterly report on Form 10-Q (File No. 001-13495) filed on November 13, 2001 as issued and outstanding as of the close of business on November 13, 2001. Statements describing the aggregate amounts of such Common Stock beneficially owned by each Reporting Person, and the number of such shares as to which such Reporting Person has (i) sole voting power, (ii) shared voting power, (iii) sole dispository power, and (iv) shared dispository power are made in the Tables listed in EXHIBIT A attached hereto. The percentage --------- of the class of Common Stock represented by the aggregate amount of shares beneficially owned by each respective Reporting Person is as indicated on Item 9 of the cover page for each such Reporting Person included in this Schedule. BACKGROUND INFORMATION FOR ITEM 4. Each Reporting Person, either in its capacity as direct owner of Common Stock or as settlor, trustee or beneficiary (as the case may be) of certain trusts (described further below) that hold Common Stock, has voting and or dispository power over shares of Common Stock held subject to the terms of a stockholders' agreement dated as of June 26, 1997 (the "Stockholders' Agreement"). The Stockholders' Agreement is filed as Exhibit 10.2 to the Company's Form S-1 Registration Statement, as amended, filed with the Securities and Exchange Commission (File No. 333- 33669), (the "Registration Statement") pursuant to the Securities Act of 1933, as amended. Given the terms of the Stockholders' Agreement (as described below), the Reporting Persons and the other persons party thereto might be deemed to constitute a "group" holding beneficial ownership of an aggregate total of 6,554,670 shares (including 213,570 shares of Common Stock that Mr. Steward G. MacDonald has the option to purchase) amounting to 51.0% of the Company's Common Stock for purposes of Section 13(d)(3) of the Securities Exchange Act of 1934, as amended. However, each Reporting Person disclaims that such Person has agreed to act as a group with the other parties to the Stockholders' Agreement (other than to the extent described in this statement) and such Person disclaims beneficial ownership of shares of Common Stock of the Company other than the amounts of shares reported for each respective Reporting Person in EXHIBIT A attached hereto. --------- The parties to the Stockholders' Agreement are the Company and its stockholders Mr. Stewart G. MacDonald, Jr., Ms. Sandra E. MacDonald, Mr. Daniel W. MacDonald, The Evelyn C. MacDonald Family Trust for the benefit of Stewart G. MacDonald, Jr.(1), The Evelyn C. MacDonald Family Trust for the benefit of Sandra E. MacDonald, The Evelyn C. MacDonald Family Trust for the benefit of Daniel W. MacDonald, The Stewart G. MacDonald, Jr. 1984 Trust(2), The Daniel W. MacDonald Trust 1988, the New Century Trust(3), The Whitney E. MacDonald GST Trust-1997, The Jonathan S. MacDonald GST Trust-1997, The Robert C. MacDonald GST Trust-1997, The Whitney E. MacDonald Gift Trust, The Jonathan S. MacDonald Gift Trust, The Robert C. MacDonald Gift Trust, Cynthia V. Doggett and certain other Page 11 of 22 Pages holders (who hold in aggregate a de minimis fraction of the issued and outstanding Common Stock). The Stockholders' Agreement gives the parties thereto rights of first offer to purchase shares offered for sale by another stockholder who is a party thereto, as well as providing the Company with rights of second offer to purchase such shares. The Stockholders' Agreement also conveys certain demand and "piggy-back" registration rights to the parties thereto. Page 12 of 22 Pages FOOTNOTES TO ITEM 4: (1) The trustees for The Evelyn C. MacDonald Family Trust for the benefit of Stewart G. MacDonald, Jr. (the "SGM Trust") are R. Robert Woodburn, Jr., Peter C. Bennett (collectively, the "Independent Trustees") and Stewart G. MacDonald, Jr., who is also the sole beneficiary of the SGM Trust. Only the Independent Trustees exercise and share voting power over the shares of Common Stock held by the SGM Trust. Each of the Independent Trustees and Stewart G. MacDonald, Jr. share power to dispose of the shares held by the SGM Trust. (2) The trustees for The Stewart G. MacDonald, Jr. 1984 Trust (the "SGM 1984 Trust") are Stewart G. MacDonald, Jr. and Cynthia V. Doggett. The trustees share voting and dispository power with respect to the shares of Common Stock held by the SGM 1984 Trust. Stewart G. MacDonald, Jr. is the sole beneficiary of the SGM 1984 Trust. (3) The trustees of the New Century Trust are Cynthia V. Doggett and Gilbert M. Roddy, Jr. The beneficiaries of the New Century Trust are minor issue of Stewart G. MacDonald, Jr. and have no rights or power to vote or dispose of the shares of Common Stock held by the New Century Trust. The settlor of the New Century Trust is Stewart G. MacDonald, Jr., who retains the right to replace shares of Common Stock held by the New Century Trust with property of equivalent value. Page 13 of 22 Pages Item 5. OWNERSHIP OF FIVE PERCENT OR LESS OF A CLASS: Not Applicable Item 6. OWNERSHIP OF MORE THAN FIVE PERCENT ON BEHALF OF ANOTHER PERSON: Not Applicable Item 7. IDENTIFICATION AND CLASSIFICATION OF THE SUBSIDIARY WHICH ACQUIRED THE SECURITY BEING REPORTED ON BY THE PARENT HOLDING COMPANY: Not Applicable Item 8. IDENTIFICATION AND CLASSIFICATION OF MEMBERS OF THE GROUP: Not Applicable Item 9. NOTICE OF DISSOLUTION OF GROUP: Not Applicable Item 10. CERTIFICATION: Not Applicable Page 14 of 22 Pages SIGNATURES After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct. Dated: February 14, 2002 /s/ Stewart G. MacDonald ----------------------------------------------------- Stewart G. MacDonald, Jr., individually and as Trustee of the Evelyn C. MacDonald Family Trust f/b/o Stewart G. MacDonald, Jr. and as Trustee of the Stewart G. MacDonald, Jr. 1984 Trust and as Settlor of the New Century Trust /s/ Cynthia V. Doggett ----------------------------------------------------- Cynthia V. Doggett, individually and as Trustee of the New Century Trust and as Trustee of the Stewart G. MacDonald, Jr. 1984 Trust The Evelyn C. MacDonald Family Trust for the benefit of Stewart G. MacDonald, Jr. By: /s/ Stewart G. MacDonald ----------------------------------------------------- Stewart G. MacDonald, Jr., Trustee The Stewart G. MacDonald, Jr. 1984 Trust By: /s/ Stewart G. MacDonald ----------------------------------------------------- Stewart G. MacDonald, Jr., Trustee The New Century Trust By: /s/ Cynthia V. Doggett ----------------------------------------------------- Cynthia V. Doggett, Trustee /s/ Gilbert M. Roddy ----------------------------------------------------- Gilbert M. Roddy, as Trustee of the New Century Trust Page 15 of 22 Pages EXHIBIT A NAME: Stewart Gray MacDonald, Jr.
- ----------------------------------------------------------------------------------------------------------------------------------- COMMON FORM OF BENEFICIAL OWNERSHIP BENEFICIAL STOCK OWNERSHIP DISCLAIMED - ----------------------------------------------------------------------------------------------------------------------------------- Sole Voting 299,997 Direct NO Power - ----------------------------------------------------------------------------------------------------------------------------------- Total Sole 299,997 Voting Power - ----------------------------------------------------------------------------------------------------------------------------------- Shared 655,000 By the Stewart G. MacDonald, Jr. 1984 Trust as co-trustee and beneficiary NO Voting 561,400 By the New Century Trust as settlor with right to replace trust shares with property of YES Power equivalent value 165,494 By Cynthia V. Doggett, wife of the Reporting Person YES 69,312 By the minor children of the Reporting Person YES - ----------------------------------------------------------------------------------------------------------------------------------- Total 1,451,206 Shared Voting Power - ----------------------------------------------------------------------------------------------------------------------------------- Sole 299,997 Direct NO Dispositive Power - ----------------------------------------------------------------------------------------------------------------------------------- Total Sole 299,997 Dispositive Power - ----------------------------------------------------------------------------------------------------------------------------------- Shared 566,667 By the Evelyn C. MacDonald Family Trust f/b/o Stewart G. MacDonald, Jr. as co-trustee and NO Dispositive beneficiary Power 655,000 By the Stewart G. MacDonald, Jr. 1984 Trust as co-trustee and beneficiary NO 561,400 By the New Century Trust as settlor with right to replace trust shares with property of YES equivalent value 165,494 By Cynthia V. Doggett, wife of the Reporting Person YES 69,312 By the minor children of the Reporting Person YES - ----------------------------------------------------------------------------------------------------------------------------------- Total 2,017,873 Shared Dispositive Power - ----------------------------------------------------------------------------------------------------------------------------------- Aggregated Beneficial Ownership: 2,317,870 - -----------------------------------------------------------------------------------------------------------------------------------
Page 16 of 22 Pages NAME: Cynthia V. Doggett
- ----------------------------------------------------------------------------------------------------------------------------------- COMMON FORM OF BENEFICIAL OWNERSHIP BENEFICIAL STOCK OWNERSHIP DISCLAIMED - ----------------------------------------------------------------------------------------------------------------------------------- Sole Voting 165,494 Direct NO Power - ----------------------------------------------------------------------------------------------------------------------------------- Total Sole 165,494 Voting Power - ----------------------------------------------------------------------------------------------------------------------------------- Shared 299,997 By Stewart G. MacDonald, Jr., the husband of the Reporting Person YES Voting 655,000 By the Stewart G. MacDonald, Jr. 1984 Trust as co-trustee with Stewart G. MacDonald, Jr. YES Power 561,400 By the New Century Trust as co-trustee with Gilbert M. Roddy YES 69,312 By the minor children of the Reporting Person YES - ----------------------------------------------------------------------------------------------------------------------------------- Total 1,585,709 Shared Voting Power - ----------------------------------------------------------------------------------------------------------------------------------- Sole 165,494 Direct NO Dispositive Power - ----------------------------------------------------------------------------------------------------------------------------------- Total Sole 165,494 Dispositive Power - ----------------------------------------------------------------------------------------------------------------------------------- Shared 299,997 By Stewart G. MacDonald, Jr., the husband of the Reporting Person YES Dispositive 655,000 By the Stewart G. MacDonald, Jr. 1984 Trust as co-trustee with Stewart G. MacDonald, Jr. YES Power 561,400 By the New Century Trust as co-trustee with Gilbert M. Roddy YES 566,667 By the Evelyn C. MacDonald Family Trust f/b/o Stewart G. MacDonald, Jr. as spouse of the YES beneficiary 69,312 By the minor children of the Reporting Person YES - ----------------------------------------------------------------------------------------------------------------------------------- Total 2,152,376 Shared Dispositive Power - ----------------------------------------------------------------------------------------------------------------------------------- Aggregate Beneficial Ownership: 2,317,870 - -----------------------------------------------------------------------------------------------------------------------------------
Page 17 of 22 Pages NAME: The Evelyn C. MacDonald Family Trust for the benefit of Stewart G. MacDonald, Jr.
- ----------------------------------------------------------------------------------------------------------------------------------- COMMON FORM OF BENEFICIAL OWNERSHIP BENEFICIAL STOCK OWNERSHIP DISCLAIMED - ----------------------------------------------------------------------------------------------------------------------------------- Sole Voting 566,667 Direct NO Power - ----------------------------------------------------------------------------------------------------------------------------------- Total Sole 566,667 Voting Power - ----------------------------------------------------------------------------------------------------------------------------------- Shared Voting Power - ----------------------------------------------------------------------------------------------------------------------------------- Total Shared Voting Power - ----------------------------------------------------------------------------------------------------------------------------------- Sole 566,667 Direct NO Dispositive Power - ----------------------------------------------------------------------------------------------------------------------------------- Total Sole 566,667 Dispositive Power - ----------------------------------------------------------------------------------------------------------------------------------- Shared Dispositive Power - ----------------------------------------------------------------------------------------------------------------------------------- Total Shared Dispositive Power - ----------------------------------------------------------------------------------------------------------------------------------- Aggregated Beneficial Ownership: 566,667 - -----------------------------------------------------------------------------------------------------------------------------------
Page 18 of 22 Pages NAME: The Stewart G. MacDonald, Jr. 1984 Trust
- ----------------------------------------------------------------------------------------------------------------------------------- COMMON FORM OF BENEFICIAL OWNERSHIP BENEFICIAL STOCK OWNERSHIP DISCLAIMED - ----------------------------------------------------------------------------------------------------------------------------------- Sole Voting 655,000 NO Power - ----------------------------------------------------------------------------------------------------------------------------------- Total Sole 655,000 Voting Power - ----------------------------------------------------------------------------------------------------------------------------------- Shared Voting Power - ----------------------------------------------------------------------------------------------------------------------------------- Total Shared Voting Power - ----------------------------------------------------------------------------------------------------------------------------------- Sole 655,000 NO Dispositive Power - ----------------------------------------------------------------------------------------------------------------------------------- Total Sole 655,000 Dispositive Power - ----------------------------------------------------------------------------------------------------------------------------------- Shared Dispositive Power - ----------------------------------------------------------------------------------------------------------------------------------- Total Shared Dispositive Power - ----------------------------------------------------------------------------------------------------------------------------------- Aggregated Beneficial Ownership: 655,000 - -----------------------------------------------------------------------------------------------------------------------------------
Page 19 of 22 Pages NAME: The New Century Trust
- ----------------------------------------------------------------------------------------------------------------------------------- COMMON FORM OF BENEFICIAL OWNERSHIP BENEFICIAL STOCK OWNERSHIP DISCLAIMED - ----------------------------------------------------------------------------------------------------------------------------------- Sole Voting 561,400 Power - ----------------------------------------------------------------------------------------------------------------------------------- Total Sole 561,400 Voting Power - ----------------------------------------------------------------------------------------------------------------------------------- Shared Voting Power - ----------------------------------------------------------------------------------------------------------------------------------- Total Shared Voting Power - ----------------------------------------------------------------------------------------------------------------------------------- Sole 561,400 Dispositive Power - ----------------------------------------------------------------------------------------------------------------------------------- Total Sole 561,400 Dispositive Power - ----------------------------------------------------------------------------------------------------------------------------------- Shared Dispositive Power - ----------------------------------------------------------------------------------------------------------------------------------- Total Shared Dispositive Power - ----------------------------------------------------------------------------------------------------------------------------------- Aggregated Beneficial Ownership: 561,400 - -----------------------------------------------------------------------------------------------------------------------------------
Page 20 of 22 Pages NAME: Gilbert M. Roddy, Jr.
- ----------------------------------------------------------------------------------------------------------------------------------- COMMON FORM OF BENEFICIAL OWNERSHIP BENEFICIAL STOCK OWNERSHIP DISCLAIMED - ----------------------------------------------------------------------------------------------------------------------------------- Sole Voting Power - ----------------------------------------------------------------------------------------------------------------------------------- Total Sole Voting Power - ----------------------------------------------------------------------------------------------------------------------------------- Shared 561,400 By the New Century Trust as co-trustee with Cynthia V. Doggett YES Voting Power - ----------------------------------------------------------------------------------------------------------------------------------- Total 561,400 Shared Voting Power - ----------------------------------------------------------------------------------------------------------------------------------- Sole Dispositive Power - ----------------------------------------------------------------------------------------------------------------------------------- Total Sole Dispositive Power - ----------------------------------------------------------------------------------------------------------------------------------- Shared 561,400 By the New Century Trust as co-trustee with Cynthia V. Doggett YES Dispositive Power - ----------------------------------------------------------------------------------------------------------------------------------- Total 561,400 Shared Dispositive Power - ----------------------------------------------------------------------------------------------------------------------------------- Aggregated Beneficial Ownership: 561,400 - -----------------------------------------------------------------------------------------------------------------------------------
Page 21 of 22 Pages EXHIBIT B JOINT FILING AGREEMENT This will confirm the agreement by Stewart Gray MacDonald, Jr., Cynthia V. Doggett, The Evelyn C. MacDonald Family Trust for the benefit of Stewart G. MacDonald, Jr., The Stewart G. MacDonald, Jr. 1984 Trust, and the New Century Trust (collectively, the "Reporting Persons") in connection with that certain Schedule 13G to be filed on or about February 14, 2002, with respect to the common stock, par value $.01 per share (the "Common Stock"), of Mac-Gray Corporation (the "Company") pertaining to the beneficial ownership by the Reporting Persons of shares of such Common Stock (the "Schedule 13G"). The undersigned hereby agree with respect to such filing on Schedule 13G as follows: (i) No Reporting Person nor any representative of any Reporting Person makes any representation with respect to, nor bears any responsibility for, any of the information set forth with respect to any other "person" who or which is or becomes a party to or a member of any "group" (as such terms are defined and used in Section 13(g) of the Securities Exchange Act of 1934, as amended, and Regulation 13D-G promulgated thereunder) for whom or which information is included in such Schedule 13G. (ii) Subject to paragraph (i) above, the undersigned hereby confirm the agreement by and among each of them that the Schedule 13G is being filed on behalf of each of the parties named below. This Agreement may be executed in two or more counterparts, each of which shall be deemed an original, but all of which together shall constitute one and the same instrument. Dated: February 14, 2002 /s/ Stewart G. MacDonald, Jr. ---------------------------------------------------------- Stewart G. MacDonald, Jr., individually and as Trustee of the Evelyn C. MacDonald Family Trust f/b/o Stewart G. MacDonald, Jr. and as Trustee of the Stewart G. MacDonald, Jr. 1984 Trust and as Settlor of the New Century Trust /s/ Cynthia V. Doggett ---------------------------------------------------------- Cynthia V. Doggett, individually and as Trustee of the New Century Trust and as Trustee of the Stewart G. MacDonald, Jr. 1984 Trust Page 22 of 22 Pages The Evelyn C. MacDonald Family Trust for the benefit of Stewart G. MacDonald, Jr. By: /s/ Stewart G. MacDonald, Jr. ---------------------------------------------------------- Stewart G. MacDonald, Jr., Trustee The Stewart G. MacDonald, Jr. 1984 Trust By: /s/ Stewart G. MacDonald, Jr. ---------------------------------------------------------- Stewart G. MacDonald, Jr., Trustee The New Century Trust By: /s/ Cynthia V. Doggett ---------------------------------------------------------- Cynthia V. Doggett, Trustee /s/ Gilbert M. Roddy ---------------------------------------------------------- Gilbert M. Roddy, as Trustee of the New Century Trust -----END PRIVACY-ENHANCED MESSAGE-----