0001246360-15-001359.txt : 20150304 0001246360-15-001359.hdr.sgml : 20150304 20150304214209 ACCESSION NUMBER: 0001246360-15-001359 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: Hawkins Philip B CENTRAL INDEX KEY: 0001403246 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 000-13292 FILM NUMBER: 15675615 MAIL ADDRESS: STREET 1: 5700 LAS POSITAS ROAD CITY: LIVERMORE STATE: CA ZIP: 94551 4 1 form.xml PRIMARY DOCUMENT X0306 4 2015-03-02 false 0000752714 MCGRATH RENTCORP MGRC 0001403246 Hawkins Philip B 5700 LAS POSITAS ROAD LIVERMORE CA 94551 false true false false VP & Division Manager Common Stock 2015-03-02 4 M false 1200 0 A 9793 D Common Stock 2015-03-02 4 M false 1200 0 A 10993 D Common Stock 2015-03-02 4 F false 660 31.99 D 10333 D Restricted Stock Units 0 2015-03-02 4 A false 3100 0 A 2022-03-02 Common Stock 3100 3100 D Stock Appreciation Right 31.99 2015-03-02 4 A false 14800 0 A 2016-03-02 2022-03-02 Common Stock 14800 14800 D Restricted Stock Units 0 2015-03-02 4 M false 1200 0 D 2015-03-02 2017-02-26 Common Stock 1200 0 D Restricted Stock Units 0 2015-03-02 4 M false 1200 0 D 2015-03-02 2018-02-25 Common Stock 1200 1200 D Restricted Stock Unit 0 2015-03-02 4 J false 3200 0 D 2019-03-02 Common Stock 3200 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. 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. Randle F. Rose, POA for Philip B. Hawkins 2015-03-04