0001246360-15-001357.txt : 20150304 0001246360-15-001357.hdr.sgml : 20150304 20150304213520 ACCESSION NUMBER: 0001246360-15-001357 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: HANNA JOSEPH F CENTRAL INDEX KEY: 0001226137 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 000-13292 FILM NUMBER: 15675594 4 1 form.xml PRIMARY DOCUMENT X0306 4 2015-03-02 false 0000752714 MCGRATH RENTCORP MGRC 0001226137 HANNA JOSEPH F 5700 LAS POSITAS ROAD LIVERMORE CA 94551 false true false false Sr VP and COO Common Stock 680 I By KSOP Common Stock 2015-03-02 4 M false 2800 0 A 38705 D Common Stock 2015-03-02 4 M false 2369 0 A 41074 D Common Stock 2015-03-02 4 F false 1945 31.99 D 39129 D Restricted Stock Units 0 2015-03-02 4 A false 6600 0 A 2022-03-02 Common Stock 6600 6600 D Stock Appreciation Right 31.99 2015-03-02 4 A false 31500 0 A 2016-03-02 2022-03-02 Common Stock 31500 31500 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 6100 0 D 2019-03-02 Common Stock 6100 0 D On 12/24/2014, the reporting person disposed of 1,640 shares of common stock in a transaction exempted from Section 16 by Rule 16a-12. 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 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. Forfeiture of performance based RSUs awarded on 3/2/2012. The RSUs are subject to a performance based vesting component at the end of a three-year performance period. Randle Rose, POA for Joseph Hanna 2015-03-04