0000752714-21-000016.txt : 20210301 0000752714-21-000016.hdr.sgml : 20210301 20210301205016 ACCESSION NUMBER: 0000752714-21-000016 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20210225 FILED AS OF DATE: 20210301 DATE AS OF CHANGE: 20210301 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: HANNA JOSEPH F CENTRAL INDEX KEY: 0001226137 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 000-13292 FILM NUMBER: 21700785 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 2021-02-25 0 0000752714 MCGRATH RENTCORP MGRC 0001226137 HANNA JOSEPH F C/O MCGRATH RENTCORP 5700 LAS POSITAS ROAD LIVERMORE CA 94551 1 1 0 0 President & CEO Restricted Stock Units 0 2021-02-25 4 A 0 8020 0 A 2022-02-25 2028-02-25 Common Stock 8020 8020 D Restricted Stock Units 0 2021-02-25 4 A 0 8020 0 A 2024-02-25 2028-02-25 Common Stock 8020 8020 D Restricted Stock Units 0 2021-02-25 4 A 0 6410 0 A 2022-02-25 2028-02-25 Common Stock 6410 6410 D The restricted stock unit shall vest as follows: 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. Unless earlier forfeited under the terms of the performance based RSU, each RSU vests and converts into no less than 50% and no more than 200% of one share of McGrath RentCorp common stock. The RSUs vest 100% at the end of the three-year performance period if the performance goal is satisfied. The restricted stock unit vests 50% on the first annual anniversary of the grant and 50% on the second annual anniversary of the grant. Each 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. David Whitney, POA for Joseph Hanna 2021-03-01