Joseph F. Hanna - 01 Mar 2023 Form 4/A - Amendment Insider Report for MCGRATH RENTCORP (MGRC)

Role: President and CEO
Signature: David Whitney, POA for Joseph Hanna
Issuer symbol: MGRC
Transactions as of: 01 Mar 2023
Net transactions value: -$2,063,353
Form type: 4/A - Amendment
Filing time: 14 Mar 2023, 20:41:05 UTC
Date Of Original Report: 03 Mar 2023
Previous filing: 14 Mar 2023
Next filing: 04 Jan 2024
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	+2,002	+1.4%	$0.000000	143,404	01 Mar 2023	Direct
transaction	MGRC	Common Stock	Tax liability	$106,385	-1,053	-0.73%	$101.03	142,351	01 Mar 2023	Direct
transaction	MGRC	Common Stock	Options Exercise	$1,935,920	+56,000	+39%	$34.57	198,351	02 Mar 2023	Direct
transaction	MGRC	Common Stock	Disposed to Issuer	$1,935,937	-19,162	-9.7%	$101.03	179,189	02 Mar 2023	Direct
transaction	MGRC	Common Stock	Tax liability	$1,956,951	-19,370	-11%	$101.03	159,819	02 Mar 2023	Direct	F3

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	-2,002	-100%	$0.000000^*	0	01 Mar 2023	Common Stock	2,002	$0.000000	Direct	F1
transaction	MGRC	Stock Appreciation Right	Options Exercise	$0	-56,000	-100%	$0.000000^*	0	02 Mar 2023	Common Stock	56,000	$34.57	Direct	F2

* 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.
F2	20% vests on first anniversary of grant date; 5% vests each anniversary quarter thereafter.
F3	This Amendment is being filed to correct the number of Securities Beneficially Owned Following the Reported Transactions on the Form 4 filed on March 3, 2023.