0001246360-19-000956.txt : 20190304
0001246360-19-000956.hdr.sgml : 20190304
20190304204911
ACCESSION NUMBER: 0001246360-19-000956
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20190228
FILED AS OF DATE: 20190304
DATE AS OF CHANGE: 20190304
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: 19656331
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
4
1
form.xml
PRIMARY DOCUMENT
X0306
4
2019-02-28
false
0000752714
MCGRATH RENTCORP
MGRC
0001226137
HANNA JOSEPH F
5700 LAS POSITAS ROAD
LIVERMORE
CA
94551
true
true
false
false
President & CEO
Common Stock
2019-03-01
4
M
false
22200
28.9
A
56967
D
Common Stock
2019-03-01
4
M
false
2002
0
A
58969
D
Common Stock
2019-03-01
4
F
false
5388
59.84
D
53581
D
Common Stock
2019-03-01
4
D
false
10722
59.84
D
42859
D
Common Stock
2019-03-01
4
F
false
993
59.65
D
41866
D
Restricted Stock Units
0
2019-02-28
4
A
false
8360
0
A
2020-02-28
2026-02-28
Common Stock
8360
8360
D
Restricted Stock Units
0
2019-02-28
4
A
false
8360
0
A
2026-02-28
Common Stock
8360
8360
D
Stock Appreciation Right
28.9
2019-03-01
4
M
false
22200
0
D
2014-02-25
2020-02-25
Common Stock
22200
0
D
Restricted Stock Units
0
2019-03-01
4
M
false
2002
0
D
2019-03-01
2025-03-01
Common Stock
2002
8008
D
The restricted stock unit shall vest as follows: 33% on the first annual anniversary of the grant; 33% on the second annual anniversary of the grant; and 34% on the third annual anniversary of the grant. Each restricted stock unit represents a right to receive one share of common stock or an amount equal to the fair market value of the common stock underlying the unit on the vesting date.
Unless earlier forfeited under the terms of the performance based RSU, each RSU vests and converts into no less than 50% and no more than 200% of one share of McGrath RentCorp common stock. The RSUs vest 100% at the end of the three-year performance period if the performance goal is satisfied.
The restricted stock unit vests 20% on each anniversary of the grant date until fully vested. Each unit represents a right to receive one share of common stock or an amount equal to the fair market value of the Common Stock underlying the unit on the vesting date. The Company may, in its sole discretion, make cash payment in lieu of the issuance of Common Stock.
Due to an administrative error, the number of stock appreciation rights awarded was incorrectly reported as 22,000 on the Form 4 filed February 27, 2013. The award amount is corrected to 22,200 on this filing.
Kay Dashner, POA for Joseph Hanna
2019-03-04