0001246360-14-001622.txt : 20140305 0001246360-14-001622.hdr.sgml : 20140305 20140305214909 ACCESSION NUMBER: 0001246360-14-001622 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20140303 FILED AS OF DATE: 20140305 DATE AS OF CHANGE: 20140305 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 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: KAKURES DENNIS C CENTRAL INDEX KEY: 0001226134 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 000-13292 FILM NUMBER: 14671302 4 1 form.xml PRIMARY DOCUMENT X0306 4 2014-03-03 false 0000752714 MCGRATH RENTCORP MGRC 0001226134 KAKURES DENNIS C 5700 LAS POSITAS ROAD LIVERMORE CA 94551 true true false false CEO Common Stock 47225 I By KSOP Common Stock 2014-03-03 4 M false 14890 0 A 315193 D Common Stock 2014-03-03 4 G false 5542 32.64 D 309651 D Restricted Stock Units 0 2014-03-03 4 A false 9200 0 A 2021-03-03 Common Stock 9200 9200 D Stock Appreciation Right 32.64 2014-03-03 4 A false 32800 0 A 2015-03-03 2021-03-03 Common Stock 32800 32800 D Restricted Stock Units 0 2014-03-03 4 M false 14890 0 D 2014-03-03 2018-02-25 Common Stock 9926 9926 D 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. 20% vests on first anniversary of grant date; 5% vests each anniversary quarter thereafter. Shares acquired upon vesting of performance based RSUs. Each vested RSU converts into 188% 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. The conversion price of the RSUs was based on the closing price of McGrath RentCorp common stock on March 3, 2014 and therefore such date is determined to be the date exercisable. Randle Rose, POA for Dennis Kakures 2014-03-05