0001246360-17-001232.txt : 20170306
0001246360-17-001232.hdr.sgml : 20170306
20170306200712
ACCESSION NUMBER: 0001246360-17-001232
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20170302
FILED AS OF DATE: 20170306
DATE AS OF CHANGE: 20170306
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: 94551
BUSINESS PHONE: 925-606-9200
MAIL ADDRESS:
STREET 1: 5700 LAS POSITAS RD
CITY: LIVERMORE
STATE: CA
ZIP: 94551
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: 17669374
MAIL ADDRESS:
STREET 1: 5700 LAS POSITAS ROAD
CITY: LIVERMORE
STATE: CA
ZIP: 94551
4
1
form.xml
PRIMARY DOCUMENT
X0306
4
2017-03-02
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
2017-03-02
4
M
false
1400
0
A
5496
D
Common Stock
2017-03-02
4
F
false
372
34.57
D
5124
D
Restricted Stock Units
0
2017-03-02
4
A
false
3200
0
A
2024-03-02
Common Stock
3200
3200
D
Stock Appreciation Right
34.57
2017-03-02
4
A
false
17600
0
A
2018-03-02
2024-03-02
Common Stock
17600
17600
D
Restricted Stock Units
0
2017-03-02
4
M
false
1400
0
D
2020-02-25
Common Stock
1400
1400
D
Shares acquired upon vesting of performance based RSUs. Each vested RSU converts into 200% of one share of McGrath RentCorp common stock.
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.
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, 2017 and therefore such date is determined to be the date exercisable.
Randle F. Rose, POA for Philip B. Hawkins
2017-03-06