Company: MGRC
Filing Date: 2025-04-22
Form Type: DEF 14A
Source: 0000950170-25-056711
Chunk: 66

Company: MCGRATH RENTCORP
Filing Date: 2025-04-22
Form: DEF 14A
Chunk 66
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248,516 |
| Philip B. Hawkins   |     |           |  4,000 |     | $        |   894,560 |     |           |  1,216 |     | $        |   135,994 |
| Gilda Malek(1)      |     |           |      — |     | $        |         — |     |           |      — |     | $        |         — |
| Kristina Van Trease |     |           |  3,140 |     | $        |   702,230 |     |           |    945 |     | $        |   105,619 |

(1) Ms. Malek was hired on March 21, 2023, and therefore was not granted PSUs in 2022 or 2023. Under the terms of our Cash Bonus Plan, the 2016 Stock Incentive Plan and related equity award agreements and KSOP, as well as our Change in Control Severance Plan and Involuntary Termination Severance Plan for Officers, payments may be made to each of our named executive officers upon his or her termination of employment or a change in control (as defined in each plan) of the Company. See “ Compensation Discussion and Analysis ” and “ Equity Compensation Plan Information ” for a description of, and an explanation of, the specific circumstances that would trigger payments under each plan, agreement, or policy. The following table sets forth the estimated payments that would be made to each of our NEOs upon voluntary termination, including termination for good reason, termination not for cause, termination for cause, termination in connection with a change in control, and termination due to death or permanent disability. The payments would be made pursuant to the plans, agreements, or Company policies identified in the preceding paragraph. The information set forth in the table below assumes the termination event occurred on December 31, 2024. As discussed under “Amended Plans” above, in February 2025, the Company replaced the Change in Control Severance Plan by consolidating the Company’s two severance plans into a single plan, named the Amended Severance Plan. The following table does not reflect the terms and conditions of the Amended Severance Plan, which became effective after December 31, 2024.

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The actual amounts to be paid out can only be determined at the time of an executive’s separation from the Company and may differ materially from the amounts