Joseph F. Hanna - Mar 1, 2022 Form 4/A - Amendment Insider Report for MCGRATH RENTCORP (MGRC)

Role: President and CEO
Signature: David Whitney, POA for Joseph Hanna
Stock symbol: MGRC
Transactions as of: Mar 1, 2022
Transactions value $: -$240,344
Form type: 4/A - Amendment
Date filed: 3/4/2022, 07:24 PM
Date Of Original Report: Mar 3, 2022
Previous filing: Mar 2, 2022
Next filing: May 20, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	MGRC	Common Stock	Options Exercise	$0	+2K	+1.89%	$0.00	108K	Mar 1, 2022	Direct
transaction	MGRC	Common Stock	Tax liability	-$79.2K	-993	-0.92%	$79.72	107K	Mar 1, 2022	Direct
transaction	MGRC	Common Stock	Options Exercise	$0	+4.04K	+3.78%	$0.00	111K	Mar 2, 2022	Direct
transaction	MGRC	Common Stock	Tax liability	-$161K	-2K	-1.81%	$80.43	109K	Mar 2, 2022	Direct	F3

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	MGRC	Restricted Stock Unit	Options Exercise	$0	-2K	-50%	$0.00	2K	Mar 1, 2022	Common Stock	2K	$0.00	Direct	F1
transaction	MGRC	Restricted Stock Unit	Options Exercise	$0	-4.04K	-100%	$0.00^*	0	Mar 2, 2022	Common Stock	4.04K	$0.00	Direct	F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	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.
F2	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. 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.
F3	This Amendment is being filed to correct the Code for the shares disposed by the reporting person as reported on the Form 4 filed on March 3, 2022.