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