0001246360-13-001721.txt : 20130227
0001246360-13-001721.hdr.sgml : 20130227
20130227214209
ACCESSION NUMBER: 0001246360-13-001721
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20130225
FILED AS OF DATE: 20130227
DATE AS OF CHANGE: 20130227
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: PRATT KEITH E
CENTRAL INDEX KEY: 0001231890
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 000-13292
FILM NUMBER: 13648890
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: 94550
BUSINESS PHONE: 5102762626
MAIL ADDRESS:
STREET 1: 5700 LAS POSITAS RD
CITY: LIVERMORE
STATE: CA
ZIP: 94550
4
1
form.xml
PRIMARY DOCUMENT
X0306
4
2013-02-25
false
0000752714
MCGRATH RENTCORP
MGRC
0001231890
PRATT KEITH E
5700 LAS POSITAS ROAD
LIVERMORE
CA
94551
false
true
false
false
Sr VP and CFO
Common Stock
600
I
By KSOP
Common Stock
2013-02-25
4
M
false
1050
20.71
A
1050
D
Common Stock
2013-02-25
4
S
false
1050
29.8095
D
0
D
Common Stock
2013-02-26
4
M
false
8400
0
A
8400
D
Common Stock
2013-02-26
4
F
false
3168
29.28
D
5232
D
Stock Appreciation Right
28.9
2013-02-25
4
A
false
18300
0
A
2014-02-25
2020-02-25
Common Stock
18300
18300
D
Restricted Stock Units
0
2013-02-25
4
A
false
6100
0
A
2020-02-25
Common Stock
6100
6100
D
Stock Option
20.71
2013-02-25
4
M
false
1050
0
D
2009-02-25
2015-02-25
Common Stock
1050
70950
D
Restricted Stock Units
0
2013-02-26
4
M
false
8400
0
D
2013-02-26
2017-02-26
Common Stock
8400
5600
D
20% vests on first anniversary of grant date; 5% vests each anniversary quarter thereafter.
The RSUs are subject to a performance based vesting component at the end of a three-year performance period.
Unless earlier forfeited, each performance based RSU vests and converts into no less than 10% and no more than 200% of one share of McGrath RentCorp common stock. The RSUs vest 60% at the end of the three-year performance period if the performance goals are satisfied; then 20% vests each anniversary thereafter.
The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $29.80 to 30.00, inclusive. The reporting person undertakes to provide to McGrath RentCorp, any security holder of McGrath RentCorp, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnote (1) to this Form 4.
Shares acquired upon vesting of performance based RSUs. Each vested RSU converts into 200% of one share of McGrath RentCorp common stock.
The RSUs vest 60% at the end of the three-year performance period if the performance goal is satisfied; then 20% vests each anniversary thereafter.
Randle Rose, POA for Keith Pratt
2013-02-27