John Lieffrig - 01 Mar 2023 Form 4 Insider Report for MCGRATH RENTCORP (MGRC)

Role: VP and Division Manager
Signature: David Whitney, POA for John Lieffrig
Issuer symbol: MGRC
Transactions as of: 01 Mar 2023
Net transactions value: -$8,891
Form type: 4
Filing time: 03 Mar 2023, 15:42:02 UTC
Previous filing: 01 Mar 2023
Next filing: 10 May 2023
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	MGRC	Common Stock	Options Exercise	$0	+300	+2%	$0.000000	15,458	01 Mar 2023	Direct
transaction	MGRC	Common Stock	Tax liability	$8,891	-88	-0.57%	$101.03	15,370	01 Mar 2023	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	-300	-100%	$0.000000^*	0	01 Mar 2023	Common Stock	300	$0.000000	Direct	F1

* 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.