Company: MGRC
Filing Date: 2025-04-22
Form Type: DEF 14A
Source: 0000950170-25-056711
Chunk: 70

Company: MCGRATH RENTCORP
Filing Date: 2025-04-22
Form: DEF 14A
Chunk 70
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         — |   |
| Change in Fair Value as of the Vesting Date of Equity Awards Granted in Prior Fiscal Years that Vested in the Fiscal Year                           |     | $            |    (84,017 | ) |     | $               |   (15,534 | ) |
| Fair Value as of the Prior Fiscal Year End of Equity Awards Granted in Prior Fiscal Years that Failed to Meet Vesting Conditions in the Fiscal Year |     | $            |          — |   |     | $               |         — |   |
| Value of Dividends or Other Earnings Paid on Equity Awards Not Otherwise Reflected in Total Compensation                                            |     | $            |    133,172 |   |     | $               |    24,377 |   |
| Total Adjustments for Equity Awards                                                                                                                 |     | $            |   (994,306 | ) |     | $               |  (146,023 | ) |
| Compensation Actually Paid (as calculated)                                                                                                          |     | $            |  4,343,165 |   |     | $               | 1,263,606 |   |

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(2) The assumptions used in calculating the fair value of the equity awards did not differ in any material respect from the assumptions used to calculate the grant date fair value of the awards as reported in the Summary Compensation Table, except that as of the end of 2024, the fair value calculations of the PSUs granted in 2022 assumed a payout at maximum, and the PSUs granted in 2023 assumed a payout between target and maximum, in each case as compared to the grant date fair value calculations which assumed a payout at target. (3) Non-CEO NEOs reflect the average “Summary Compensation Table” total compensation and average CAP for the following executives by year: 2024: Pratt, Keith; Hawkins, Philip; Malek, Gilda; Van Trease, Kristina 2023: Pratt, Keith; Hawkins, Philip; Malek, Gilda; Van Trease, Kristina 2022: Pratt, Keith; Hawkins, Philip; Craft, Melodie; Van Trease, Kristina 2021: Pratt, Keith; Hawkins, Philip; Lieffrig, John; Craft, Melodie 2020: Pratt, Keith; Hawkins, Philip; Craft, Melodie; Van Trease, Kristina

Most Important Performance Measures

In our assessment, the most important performance measures