0001246360-15-001354.txt : 20150304 0001246360-15-001354.hdr.sgml : 20150304 20150304213509 ACCESSION NUMBER: 0001246360-15-001354 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20150302 FILED AS OF DATE: 20150304 DATE AS OF CHANGE: 20150304 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: PRATT KEITH E CENTRAL INDEX KEY: 0001231890 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 000-13292 FILM NUMBER: 15675591 4 1 form.xml PRIMARY DOCUMENT X0306 4 2015-03-02 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 2015-03-02 4 M false 2800 0 A 30938 D Common Stock 2015-03-02 4 M false 2369 0 A 33307 D Common Stock 2015-03-02 4 F false 1945 31.99 D 31362 D Restricted Stock Units 0 2015-03-02 4 A false 5500 0 A 2015-03-02 Common Stock 5500 5500 D Stock Appreciation Right 31.99 2015-03-02 4 A false 26000 0 A 2016-03-02 2022-03-02 Common Stock 26000 26000 D Restricted Stock Units 0 2015-03-02 4 M false 2800 0 D 2015-03-02 2017-02-26 Common Stock 2800 0 D Restricted Stock Units 0 2015-03-02 4 M false 2369 0 D 2015-03-02 2018-02-25 Common Stock 2369 2368 D Restricted Stock Unit 0 2015-03-02 4 J false 5600 0 D 2019-03-02 Common Stock 5600 0 D The RSUs are subject to a performance based vesting component at the end of a three-year performance period. Unless earlier forfeited under the terms of the performance based RSU, each 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 goal is 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 200% of one share of McGrath RentCorp common stock. 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 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 2, 2015 and therefore such date is determined to be the date exercisable. Represents forfeited shares of common stock underlying RSU granted on 3/2/2012. Randle Rose, POA for Keith Pratt 2015-03-04