0001246360-14-001632.txt : 20140306 0001246360-14-001632.hdr.sgml : 20140306 20140306090013 ACCESSION NUMBER: 0001246360-14-001632 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20140303 FILED AS OF DATE: 20140306 DATE AS OF CHANGE: 20140306 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: Whitney David M CENTRAL INDEX KEY: 0001357113 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 000-13292 FILM NUMBER: 14671545 MAIL ADDRESS: STREET 1: 5700 LOS POSITAS ROAD CITY: LIVERMORE STATE: CA ZIP: 94551 4 1 form.xml PRIMARY DOCUMENT X0306 4 2014-03-03 false 0000752714 MCGRATH RENTCORP MGRC 0001357113 Whitney David M 5700 LAS POSITAS ROAD LIVERMORE CA 94551 false true false false VP, Controller, PAO Common Stock 2752 I By KSOP Common Stock 12070 I Spouses KSOP Common Stock 2014-03-03 4 M false 1805 0 A 8410 D Common Stock 2014-03-03 4 F false 663 32.64 D 7747 D Restricted Stock Units 0 2014-03-03 4 A false 1400 0 A 2021-03-03 Common Stock 1400 1400 D Stock Appreciation Right 32.64 2014-03-03 4 A false 4900 0 A 2015-03-03 2021-03-03 Common Stock 4900 4900 D Restricted Stock Units 0 2014-03-03 4 A false 2600 0 A 2021-03-03 Common Stock 2600 2600 I Spouse's Holding Stock Appreciation Right 32.64 2014-03-03 4 A false 9300 0 A 2015-03-03 2021-03-03 Common Stock 9300 9300 I Spouse's Holding Restricted Stock Units 0 2014-03-03 4 M false 1805 0 D 2014-03-03 2018-02-25 Common Stock 1203 1203 D Shares acquired upon vesting of performance based RSUs. Each vested RSU converts into 188% of one share of McGrath RentCorp common stock. 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. 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 David Whitney 2014-03-05