Key facts
- This page summarizes Keith E. Pratt's Form 4 filing for MCGRATH RENTCORP (MGRC).
- 7 reported transactions and 3 derivative rows are listed below.
- Accepted by SEC: 02 Mar 2022, 17:24.
Keith E. Pratt - 28 Feb 2022 Form 4 Insider Report for MCGRATH RENTCORP (MGRC)
- Reporting relationship
- Executive VP and CFO
- Issuer ticker
- MGRC
- Reported as of
- 28 Feb 2022
- Net transaction value
- -$213,929
- SEC form
- 4
- Accepted by SEC
- 02 Mar 2022, 17:24:39 UTC
- Prior SEC filing
- 01 Mar 2022
- Next SEC filing
- 03 Mar 2022
- Source filing
- View source filing
- Reporting owner signature
- David Whitney, POA for Keith Pratt
Source evidence
Original filing metadata and source links for verification.
5 source fields
Reporting owner
1 detail
Key filing fact
Keith E. Pratt filed Form 4 for MCGRATH RENTCORP (MGRC) on 02 Mar 2022.
Change
- Previous filing in this sequence was filed on 01 Mar 2022.
- Current net transaction value: -$213,929.
Research use
- This tells you what this filing adds before you inspect full transaction and derivative tables.
- You can trace every row back to the original SEC filing document.
Evidence
Filed on Form 4
View source filing
Ownership activity is grounded in SEC Form 4 disclosures.
Reported non-derivative transactions
Shares, units, or other non-derivative securities reported in this filing.
MGRC
transaction
Common Stock
Options Exercise
- Transaction value
- $0
- Shares
- +5,372
- Change %
- +18%
- Price
- $0.000000
- Shares after
- 35,769
- Date
- 28 Feb 2022
- Ownership
- Direct
- Footnotes
- F4
MGRC
transaction
Common Stock
Options Exercise
- Transaction value
- $0
- Shares
- +1,227
- Change %
- +3.4%
- Price
- $0.000000
- Shares after
- 36,996
- Date
- 28 Feb 2022
- Ownership
- Direct
MGRC
transaction
Common Stock
Options Exercise
- Transaction value
- $0
- Shares
- +1,067
- Change %
- +2.9%
- Price
- $0.000000
- Shares after
- 38,063
- Date
- 28 Feb 2022
- Ownership
- Direct
MGRC
transaction
Common Stock
Tax liability
- Transaction value
- $213,929
- Shares
- -2,632
- Change %
- -6.9%
- Price
- $81.28
- Shares after
- 35,431
- Date
- 28 Feb 2022
- Ownership
- Direct
Reported derivative securities
Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.
MGRC
transaction
Derivative
Restricted Stock Unit
Options Exercise
- Transaction value
- $0
- Shares
- -5,372
- Change %
- -100%
- Price
- $0.000000*
- Shares after
- 0
- Date
- 28 Feb 2022
- Ownership
- Direct
- Underlying class
- Common Stock
- Underlying amount
- 5,372
- Exercise price
- $0.000000
- Footnotes
- F1
MGRC
transaction
Derivative
Restricted Stock Unit
Options Exercise
- Transaction value
- $0
- Shares
- -1,227
- Change %
- -100%
- Price
- $0.000000*
- Shares after
- 0
- Date
- 28 Feb 2022
- Ownership
- Direct
- Underlying class
- Common Stock
- Underlying amount
- 1,227
- Exercise price
- $0.000000
- Footnotes
- F2
MGRC
transaction
Derivative
Restricted Stock Unit
Options Exercise
- Transaction value
- $0
- Shares
- -1,067
- Change %
- -50%
- Price
- $0.000000
- Shares after
- 1,067
- Date
- 28 Feb 2022
- Ownership
- Direct
- Underlying class
- Common Stock
- Underlying amount
- 1,067
- Exercise price
- $0.000000
- Footnotes
- F2, F3
* marks a reported price that did not pass the local price check.
Additional SEC filing notes
Filing notes and footnotes
Explanation of responses 4 footnotes
Footnote F1
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.
Footnote F2
The restricted stock unit shall vest 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.
Footnote F3
The conversion price of the RSUs was based on the closing price of McGrath RentCorp common stock on February 28, 2022 and therefore such date is determined to be the date exercisable.
Footnote F4
Shares acquired upon vesting of performance based RSUs. Each vested RSU converts into 146% of one share of McGrath RentCorp common stock.