0000752714-23-000018.txt : 20230301
0000752714-23-000018.hdr.sgml : 20230301
20230301180310
ACCESSION NUMBER: 0000752714-23-000018
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20230227
FILED AS OF DATE: 20230301
DATE AS OF CHANGE: 20230301
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Hawkins Philip B
CENTRAL INDEX KEY: 0001403246
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 000-13292
FILM NUMBER: 23695441
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]
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
2023-02-27
0
0000752714
MCGRATH RENTCORP
MGRC
0001403246
Hawkins Philip B
5700 LAS POSITAS ROAD
LIVERMORE
CA
94551
0
1
0
0
Senior VP Mobile Modular Div
Common Stock
2023-02-27
4
A
0
1902
0
A
1902
D
Common Stock
2023-02-27
4
M
0
651
0
A
2553
D
Common Stock
2023-02-27
4
M
0
640
0
A
3193
D
Common Stock
2023-02-27
4
M
0
666
0
A
3859
D
Common Stock
2023-02-27
4
F
0
956
101.99
D
2903
D
Restricted Stock Unit
0
2023-02-27
4
M
0
651
0
D
2021-02-27
2027-02-27
Common Stock
651
0
D
Restricted Stock Unit
0
2023-02-27
4
M
0
640
0
D
2028-02-25
Common Stock
640
641
D
Restricted Stock Unit
0
2023-02-27
4
M
0
666
0
D
2029-02-25
Common Stock
666
1334
D
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.
The conversion price of the RSUs was based on the closing price of McGrath RentCorp common stock on February 27, 2023 and therefore such date is determined to be the date exercisable.
Upon achievement of certain performance goals, each vested PSU converted into 97.5% of one share of McGrath RentCorp common stock.
David Whitney, POA for Philip B. Hawkins
2023-03-01