0001246360-16-004861.txt : 20160302 0001246360-16-004861.hdr.sgml : 20160302 20160302205614 ACCESSION NUMBER: 0001246360-16-004861 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20160229 FILED AS OF DATE: 20160302 DATE AS OF CHANGE: 20160302 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: 161479312 MAIL ADDRESS: STREET 1: 5700 LAS POSITAS ROAD CITY: LIVERMORE STATE: CA ZIP: 94551 4 1 form.xml PRIMARY DOCUMENT X0306 4 2016-02-29 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 2016-02-29 4 M false 1200 0 A 11533 D Common Stock 2016-02-29 4 M false 4200 0 A 15733 D Common Stock 2016-02-29 4 F false 1480 24.6 D 14253 D Stock Appreciation Right 24.6 2016-02-29 4 A false 44800 0 A 2017-03-01 2023-03-01 Common Stock 44800 44800 D Restricted Stock Units 0 2016-02-29 4 M false 1200 0 D 2018-02-25 Common Stock 1200 0 D Restricted Stock Units 0 2016-02-29 4 M false 4200 0 D 2020-02-25 Common Stock 7000 2800 D 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 February 29, 2016 and therefore such date is determined to be the date exercisable. Randle F. Rose, POA for Philip B. Hawkins 2016-03-02