Melodie Craft - May 2, 2022 Form 4 Insider Report for MCGRATH RENTCORP (MGRC)

Role
VP Legal Affairs and Risk Mgmt
Signature
David Whitney, POA for Melodie Craft
Stock symbol
MGRC
Transactions as of
May 2, 2022
Transactions value $
-$6,814
Form type
4
Date filed
5/3/2022, 07:21 PM
Previous filing
Mar 2, 2022
Next filing
Mar 1, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MGRC Common Stock Options Exercise $0 +340 +15.57% $0.00 2.52K May 2, 2022 Direct
transaction MGRC Common Stock Tax liability -$6.81K -83 -3.29% $82.10 2.44K May 2, 2022 Direct

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 -340 -50% $0.00 340 May 2, 2022 Common Stock 340 $0.00 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The conversion price of the RSUs was based on the closing price of McGrath RentCorp common stock on May 2, 2022 and therefore such date is determined to be the date exercisable.
F2 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.