Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | MGRC | Common Stock | Award | $0 | +1.11K | +8.23% | $0.00 | 14.6K | Feb 27, 2023 | Direct | F3 |
transaction | MGRC | Common Stock | Options Exercise | $0 | +381 | +2.61% | $0.00 | 15K | Feb 27, 2023 | Direct | |
transaction | MGRC | Common Stock | Options Exercise | $0 | +427 | +2.85% | $0.00 | 15.4K | Feb 27, 2023 | Direct | |
transaction | MGRC | Common Stock | Options Exercise | $0 | +459 | +2.97% | $0.00 | 15.9K | Feb 27, 2023 | Direct | |
transaction | MGRC | Common Stock | Tax liability | -$74.6K | -731 | -4.6% | $101.99 | 15.2K | Feb 27, 2023 | Direct |
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 | -381 | -100% | $0.00* | 0 | Feb 27, 2023 | Common Stock | 381 | $0.00 | Direct | F1 |
transaction | MGRC | Restricted Stock Unit | Options Exercise | $0 | -427 | -50% | $0.00 | 427 | Feb 27, 2023 | Common Stock | 427 | $0.00 | Direct | F1, F2 |
transaction | MGRC | Restricted Stock Unit | Options Exercise | $0 | -459 | -33.26% | $0.00 | 921 | Feb 27, 2023 | Common Stock | 459 | $0.00 | Direct | F1, F2 |
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 | The conversion price of the RSUs was based on the closing price of McGrath RentCorp common stock on February 27, 2023 and therefore such date is determined to be the date exercisable. |
F3 | Upon achievement of certain performance goals, each vested PSU converted into 97.5% of one share of McGrath RentCorp common stock. |