SEC Form 4 · accession 0001246360-16-007156
MCGRATH RENTCORP · MGRC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Keith E Pratt
Officer — Sr VP and CFO
Period of report
Nov 9, 2016
Accepted (ET)
Nov 14, 2016 · 5:39 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000752714
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Nov 9, 2016 | S | 2,000 | $36.0549 | D | 28,000 | D | |
| Common Stock | Nov 10, 2016 | M | 12,810 | $28.90 | A | 40,810 | D | |
| Common Stock | Nov 10, 2016 | M | 10,000 | $31.35 | A | 50,810 | D | |
| Common Stock | Nov 10, 2016 | F | 1,567 | $36.67 | D | 49,243 | D | |
| Common Stock | Nov 10, 2016 | D | 18,644 | $36.67 | D | 30,599 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Appreciation Right | $28.90 | Nov 10, 2016 | M | 12,810 | D | Feb 25, 2014 | Feb 25, 2020 | Common Stock | 12,810 | 5,490 | D |
| Stock Appreciation Right | $31.35 | Nov 10, 2016 | M | 10,000 | D | Mar 2, 2013 | Mar 2, 2019 | Common Stock | 10,000 | 5,800 | D |
Explanation of responses
- F1The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $35.75 to $36.26, inclusive. The reporting person undertakes to provide to McGrath RentCorp, any security holder of McGrath RentCorp, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnote (1) to this Form 4.