Melodie Craft - Mar 10, 2023 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: Mar 10, 2023
Transactions value $: -$7,985
Form type: 4
Date filed: 3/14/2023, 07:14 PM
Previous 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	+6.85%	$0.00	5.3K	Mar 10, 2023	Direct
transaction	MGRC	Common Stock	Tax liability	-$7.98K	-83	-1.57%	$96.20	5.22K	Mar 10, 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	-340	-100%	$0.00^*	0	Mar 10, 2023	Common Stock	340	$0.00	Direct	F1

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

Explanation of Responses:

Id	Content
F1	In connection with Ms. Craft's last day of employment and as disclosed in the Current Report on Form 8K filed with the Securities and Exchange Commission on February 10, 2023, the tranche of restricted stock unit subject to this grant which would have vested in April 2023 was accelerated, deemed vested and exercisable on the last day of employment. Each restricted stock unit represents a right to receive one share of McGrath RentCorp common stock or an amount equal to the fair market value of the McGrath RentCorp common stock underlying the unit on the vesting date.

Content

In connection with Ms. Craft's last day of employment and as disclosed in the Current Report on Form 8K filed with the Securities and Exchange Commission on February 10, 2023, the tranche of restricted stock unit subject to this grant which would have vested in April 2023 was accelerated, deemed vested and exercisable on the last day of employment. Each restricted stock unit represents a right to receive one share of McGrath RentCorp common stock or an amount equal to the fair market value of the McGrath RentCorp common stock underlying the unit on the vesting date.