0001246360-14-001634.txt : 20140306 0001246360-14-001634.hdr.sgml : 20140306 20140306090020 ACCESSION NUMBER: 0001246360-14-001634 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: Adler Steven H CENTRAL INDEX KEY: 0001451650 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 000-13292 FILM NUMBER: 14671548 MAIL ADDRESS: STREET 1: 5700 LAS POSITAS ROAD CITY: LIVERMORE STATE: CA ZIP: 94551 4 1 form.xml PRIMARY DOCUMENT X0306 4 2014-03-03 false 0000752714 MCGRATH RENTCORP MGRC 0001451650 Adler Steven H 5700 LAS POSITAS ROAD LIVERMORE CA 94551 false true false false President, Adler Tank Rentals Common Stock 189 I By KSOP Common Stock 2014-03-03 4 M false 3600 0 A 35278 D Common Stock 2014-03-03 4 G false 1094 32.64 D 34184 D Stock Appreciation Right 32.64 2014-03-03 4 A false 10900 0 A 2015-03-03 2021-03-03 Common Stock 10900 10900 D Restricted Stock Units 0 2014-03-03 4 A false 3100 0 A 2021-03-03 Common Stock 3100 3100 D Restricted Stock Units 0 2014-03-03 4 M false 3600 0 D 2014-03-03 2018-02-25 Common Stock 2400 2400 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. 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. 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 F. Rose, POA for Steven Adler 2014-03-05