SEC Form 4 · accession 0001246360-18-001682
MCGRATH RENTCORP · MGRC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Philip B Hawkins
Officer — VP & Division Manager
Period of report
May 25, 2018
Accepted (ET)
May 30, 2018 · 4:56 pm EDT
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 Stock | May 25, 2018 | M | 3,520 | $34.57 | A | 7,392 | D | |
| Common Stock | May 25, 2018 | M | 7,920 | $24.60 | A | 15,312 | D | |
| Common Stock | May 25, 2018 | F | 1,587 | $64.25 | D | 13,725 | D | |
| Common Stock | May 25, 2018 | D | 4,927 | $64.25 | D | 8,798 | D | |
| Common StockF1 | May 30, 2018 | S | 4,926 | $64.6531 | D | 3,872 | 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 | $34.57 | May 25, 2018 | M | 3,520 | D | Mar 2, 2018 | Mar 2, 2024 | Common Stock | 3,520 | 14,080 | D |
| Stock Appreciation Right | $24.60 | May 25, 2018 | M | 7,920 | D | Mar 1, 2017 | Mar 1, 2023 | Common Stock | 7,920 | 26,880 | 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 $64.50 to $64.8055, 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.