Keith E. Pratt - 26 Feb 2024 Form 4 Insider Report for MCGRATH RENTCORP (MGRC)

Source evidence Original filing metadata and source links for verification. 5 source fields
SEC form
4
Accepted by SEC
28 Feb 2024, 20:07:09 UTC
Prior SEC filing
27 Feb 2024
Next SEC filing
30 Oct 2024
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
David Whitney, POA for Keith Pratt

Key filing fact

Keith E. Pratt filed Form 4 for MCGRATH RENTCORP (MGRC) on 28 Feb 2024.

Key facts

  • This page summarizes Keith E. Pratt's Form 4 filing for MCGRATH RENTCORP (MGRC).
  • 9 reported transactions and 4 derivative rows are listed below.
  • Accepted by SEC: 28 Feb 2024, 20:07.

Change

  • Previous filing in this sequence was filed on 27 Feb 2024.
  • Current net transaction value: -$593,583.

Research use

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

MGRC transaction

Common Stock

Options Exercise

Transaction value
$0
Shares
+6,100
Change %
+12%
Price
$0.000000
Shares after
58,336
Date
26 Feb 2024
Ownership
Direct
Footnotes
F1
MGRC transaction

Common Stock

Options Exercise

Transaction value
$0
Shares
+1,017
Change %
+1.7%
Price
$0.000000
Shares after
59,353
Date
26 Feb 2024
Ownership
Direct
MGRC transaction

Common Stock

Options Exercise

Transaction value
$0
Shares
+1,077
Change %
+1.8%
Price
$0.000000
Shares after
60,430
Date
26 Feb 2024
Ownership
Direct
MGRC transaction

Common Stock

Options Exercise

Transaction value
$0
Shares
+1,199
Change %
+2%
Price
$0.000000
Shares after
61,629
Date
26 Feb 2024
Ownership
Direct
MGRC transaction

Common Stock

Tax liability

Transaction value
$593,583
Shares
-4,762
Change %
-7.7%
Price
$124.65
Shares after
56,867
Date
26 Feb 2024
Ownership
Direct

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

MGRC transaction Derivative

Restricted Stock Unit

Options Exercise

Transaction value
$0
Shares
-3,050
Change %
-100%
Price
$0.000000*
Shares after
0
Date
26 Feb 2024
Ownership
Direct
Underlying class
Common Stock
Underlying amount
3,050
Exercise price
$0.000000
Footnotes
F1, F2
MGRC transaction Derivative

Restricted Stock Unit

Options Exercise

Transaction value
$0
Shares
-1,017
Change %
-100%
Price
$0.000000*
Shares after
0
Date
26 Feb 2024
Ownership
Direct
Underlying class
Common Stock
Underlying amount
1,017
Exercise price
$0.000000
Footnotes
F2, F3
MGRC transaction Derivative

Restricted Stock Unit

Options Exercise

Transaction value
$0
Shares
-1,077
Change %
-50%
Price
$0.000000
Shares after
1,077
Date
26 Feb 2024
Ownership
Direct
Underlying class
Common Stock
Underlying amount
1,077
Exercise price
$0.000000
Footnotes
F2, F3
MGRC transaction Derivative

Common Stock

Options Exercise

Transaction value
$0
Shares
-1,199
Change %
-33%
Price
$0.000000
Shares after
2,401
Date
26 Feb 2024
Ownership
Direct
Underlying class
Common Stock
Underlying amount
1,199
Exercise price
$0.000000
Footnotes
F2, F3
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 3 footnotes

Footnote F1

Subject to vesting and upon achievement of certain performance goals, each Vested RSU was converted into 200% of one share of McGrath RentCorp common stock.

Footnote F2

The conversion price of the RSUs was based on the closing price of McGrath RentCorp common stock on February 26, 2024 and therefore such date is determined to be the date exercisable.

Footnote F3

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 equity to the fair market value of the common stock underlying the unit on the vesting date.

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