Company: MGRC
Filing Date: 2025-04-22
Form Type: DEF 14A
Source: 0000950170-25-056711
Chunk: 64

Company: MCGRATH RENTCORP
Filing Date: 2025-04-22
Form: DEF 14A
Chunk 64
---
 Company’s common stock or an amount equal to the fair market value of the Company’s common stock underlying the unit on the vesting date, with vesting dates of 2/23/25, 2/23/26, and 2/23/27. 4) Represents PSUs granted on February 25, 2022, that are subject to a performance-based vesting component at the end of a three-year performance period. Unless earlier forfeited under the terms of the PSUs, each PSU vests and converts into no less than 50% and no more than 200% of one share of the Company’s common stock. The PSUs vest 100% at the end of the three-year performance period if the performance goal is satisfied, with a vesting date of 2/25/25. 5) Represents PSUs granted on February 24, 2023, that are subject to a performance-based vesting component at the end of a three-year performance period. Unless earlier forfeited under the terms of the PSUs, each PSU vests and converts into no less than 50% and no more than 200% of one share of the Company’s common stock. The PSUs vest 100% at the end of the three-year performance period if the performance goal is satisfied, with a vesting date of 2/24/26.

<div align='center'>37</div>

2024 OPTION EXERCISES AND STOCK VESTED

| Name                |     | Option Awards        
 Number of Shares     
 Acquired on Exercise 
 (#)                  |   |     | Value Realized 
 on Exercise    
 ($)            |   |     | Stock Awards     
 Number of Shares 
 Acquired on      
 Vesting          
 (#)              |        |     | Value Realized 
 on Vesting     
 ($)            |           |
|:--------------------|:----|:---------------------|:--|:----|:---------------|:--|:----|:-----------------|-------:|:----|:---------------|----------:|
| Joseph F. Hanna     |     |                      | — |     |                | — |     |                  | 24,680 |     | $              | 3,076,362 |
| Keith E. Pratt      |     |                      | — |     |                | — |     |                  |  9,393 |     | $              | 1,170,837 |
| Philip B. Hawkins   |     |                      |