David M. Whitney - 24 Feb 2023 Form 4 Insider Report for MCGRATH RENTCORP (MGRC)

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

Type	Sym	Class	Transaction	Value $	Shares	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	MGRC	Restricted Stock Unit	Award	$0	+1,060	$0.000000	1,060	24 Feb 2023	Common Stock	1,060	$0.000000	Direct	F1
transaction	MGRC	Restricted Stock Unit	Award	$0	+1,060	$0.000000	1,060	24 Feb 2023	Common Stock	1,060	$0.000000	Direct	F2
transaction	MGRC	Restricted Stock Unit	Award	$0	+1,530	$0.000000	1,530	24 Feb 2023	Common Stock	1,530	$0.000000	Spouse's Holding	F1
transaction	MGRC	Restricted Stock Unit	Award	$0	+1,530	$0.000000	1,530	24 Feb 2023	Common Stock	1,530	$0.000000	Spouse's Holding	F2
transaction	MGRC	Restricted Stock Unit	Award	$0	+1,540	$0.000000	1,540	24 Feb 2023	Common Stock	1,540	$0.000000	Spouse's Holding	F3

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

Id	Content
F1	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.
F2	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.
F3	The restricted stock units shall vest 100% on the first annual anniversary of the grant.