John P. Skenesky - 24 Feb 2025 Form 4 Insider Report for MCGRATH RENTCORP (MGRC)

Role
VP and Division Manager
Signature
David Whitney, POA for John Skenesky
Issuer symbol
MGRC
Transactions as of
24 Feb 2025
Net transactions value
-$61,773
Form type
4
Filing time
26 Feb 2025, 17:49:30 UTC
Previous filing
25 Feb 2025
Next filing
09 May 2025
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 +799 +8.1% $0.000000 10,690 24 Feb 2025 Direct
transaction MGRC Common Stock Options Exercise $0 +480 +4.5% $0.000000 11,170 24 Feb 2025 Direct
transaction MGRC Common Stock Tax liability $45,992 -366 -3.3% $125.66 10,804 24 Feb 2025 Direct
transaction MGRC Common Stock Options Exercise $0 +514 +4.8% $0.000000 11,318 25 Feb 2025 Direct
transaction MGRC Common Stock Tax liability $15,782 -126 -1.1% $125.25 11,192 25 Feb 2025 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 Other $0 -1,540 -100% $0.000000 0 25 Feb 2025 Common Stock 1,540 $0.000000 Direct F1, F2
transaction MGRC Restricted Stock Unit Options Exercise $0 -799 -33% $0.000000 1,601 24 Feb 2025 Common Stock 799 $0.000000 Direct F3
transaction MGRC Restricted Stock Unit Options Exercise $0 -480 -50% $0.000000 481 24 Feb 2025 Common Stock 480 $0.000000 Direct F4
transaction MGRC Restricted Stock Unit Options Exercise $0 -514 -100% $0.000000 0 25 Feb 2025 Common Stock 514 $0.000000 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Forfeiture of performance based RSUs awarded on 2/25/2022.
F2 The RSUs are subject to a performance based vesting component at the end of a three-year performance period.
F3 The conversion price of the RSUs was based on the closing price of McGrath RentCorp common stock on February 24, 2025 and therefore such date is determined to be the date exercisable.
F4 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.