Company: MGRC
Filing Date: 2025-04-22
Form Type: DEF 14A
Source: 0000950170-25-056711
Chunk: 61

Company: MCGRATH RENTCORP
Filing Date: 2025-04-22
Form: DEF 14A
Chunk 61
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 1,115,000 |
| Strategy Officer                   |     | 2022 |     | $      | 316,000 |     |        |       — |     | $      |   255,126 |     |        | — |     | $              |   258,749 |     |              | — |     | $            |  27,518 |     | $     |   857,393 |

(1) Amounts disclosed in this and other tables may minimally vary from amounts presented within the CD&A narrative due to rounding to the nearest dollar for tabular purposes. (2) At year-end, the Compensation Committee evaluated the 2024 accomplishments of the NEOs and approved a one-time discretionary bonus for each NEO to acknowledge his/her overall achievements in 2024. The NEOs led the company through strong business results throughout 2024 while managing through a pending acquisition that was approved by the shareholders and subsequently terminated. (3) The amounts in columns (e) and (f) reflect the aggregate grant date fair value amounts, in accordance with ASC the 718, of awards granted pursuant to the 2016 Plan. RSUs were granted to our NEOs on February 23, 2024, with a grant date fair value of $3,299,858 for Mr. Hanna; $1,150,329 for Mr. Pratt; $499,600 for Mr. Hawkins; $499,600 for Ms. Malek; and $349,720 for Ms. Van Trease. The grant date fair value of each RSU granted to the NEOs, is equal to the closing share price of our common stock on the date of grant of $124.90. No PSUs were granted to our NEOs in 2024. Assumptions used in the calculation of these amounts are included in the notes of the Company’s audited financial statements for the fiscal year ended December 31, 2024, included in the 2024 Annual Report. These amounts reflect the Company’s accounting expense and do not correspond to the actual value that may be realized by the named executive officers. (4) The amounts in column (g) reflect amounts earned by the NEOs during the fiscal year ended December 31, 2024, and paid in 2025 pursuant to the Cash Bonus Plan. See “ Non-Equity Performance-Based Incentive Plan Compensation ” in this Proxy Statement for additional detail. (5) The amounts in column (i