# EDGAR Filing Document

**Accession Number:** 0001909407
**File Stem:** 0000752714-23-000001
**Filing Date:** 2023-2
**Character Count:** 9891
**Document Hash:** 01a8cb0e032b972fe8c2afd285b37a49
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000752714-23-000001.hdr.sgml**: 20230203

**ACCESSION NUMBER**: 0000752714-23-000001

**CONFORMED SUBMISSION TYPE**: 4

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20230201

**FILED AS OF DATE**: 20230203

**DATE AS OF CHANGE**: 20230203

**REPORTING-OWNER**: 

**OWNER DATA:**
- **COMPANY CONFORMED NAME:** Porter Stuart Templeton
- **CENTRAL INDEX KEY:** 0001909407

**FILING VALUES:**
- **FORM TYPE:** 4
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 000-13292
- **FILM NUMBER:** 23587688

**MAIL ADDRESS:**
- **STREET 1:** C/O MCGRATH RENTCORP
- **STREET 2:** 5700 LAS POSITAS ROAD
- **CITY:** LIVERMORE
- **STATE:** CA
- **ZIP:** 94551
**ISSUER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** MCGRATH RENTCORP
- **CENTRAL INDEX KEY:** 0000752714
- **STANDARD INDUSTRIAL CLASSIFICATION:** SERVICES-EQUIPMENT RENTAL & LEASING, NEC [7359]
- **IRS NUMBER:** 942579843
- **STATE OF INCORPORATION:** CA
- **FISCAL YEAR END:** 1231

**BUSINESS ADDRESS:**
- **STREET 1:** 5700 LAS POSITAS RD
- **CITY:** LIVERMORE
- **STATE:** CA
- **ZIP:** 94551
- **BUSINESS PHONE:** 925-606-9200

**MAIL ADDRESS:**
- **STREET 1:** 5700 LAS POSITAS RD
- **CITY:** LIVERMORE
- **STATE:** CA
- **ZIP:** 94551

### UNITED STATES SECURITIES AND EXCHANGE COMMISSION
**Washington, D.C. 20549**

## FORM 4

### STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

[ ] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

[ ] Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

---

| | | |
|:---|:---|:---|
| **1. Name and Address of Reporting Person**<sup>*</sup><br>Porter Stuart Templeton<br><sub>(Last) (First) (Middle)</sub><br>C/O MCGRATH RENTCORP<br>5700 LAS POSITAS ROAD<br><sub>(Street)</sub><br>LIVERMORE, CA 94551<br><sub>(City) (State) (Zip)</sub> | **3. Date of Earliest Transaction (Month/Day/Year)**<br>2023-02-01 | **5. Relationship of Reporting Person(s) to Issuer**<br>(Check all applicable)<br>[ ] Director [ ] 10% Owner<br>[X] Officer (give title below) [ ] Other (specify below)<br>_VP and Division Manager_ |
| **2. Issuer Name and Ticker or Trading Symbol**<br>MCGRATH RENTCORP [ MGRC ] | **4. If Amendment, Date of Original Filed (Month/Day/Year)**<br>  | **6. Individual or Joint/Group Filing (Check Applicable Line)**<br>[X] Form filed by One Reporting Person<br>[ ] Form filed by More than One Reporting Person |

---

## Table I - Non-Derivative Securities

---

|  |  |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| 1. Title of Security | 2. Transaction Date | 2A. Deemed Execution Date | 3. Transaction Code (V) | 3. Transaction Code (V) | 4. Securities Acquired (A) or Disposed of (D) | 4. Securities Acquired (A) or Disposed of (D) | 4. Securities Acquired (A) or Disposed of (D) | 5. Amount of Securities Beneficially Owned | 6. Ownership Form | 7. Nature of Indirect Beneficial Ownership |
| 1. Title of Security | 2. Transaction Date | 2A. Deemed Execution Date | Code | V | Amount | (A) or (D) | Price | 5. Amount of Securities Beneficially Owned | 6. Ownership Form | 7. Nature of Indirect Beneficial Ownership |
| Common Stock | 2023-02-01 |  | M |  | 200 | A | $0 | 1382 | D |  |
| Common Stock | 2023-02-01 |  | M |  | 256 | A | $0 | 1638 | D |  |
| Common Stock | 2023-02-01 |  | M |  | 213 | A | $0 | 1851 | D |  |
| Common Stock | 2023-02-01 |  | M |  | 710 | A | $0 | 2561 | D |  |
| Common Stock | 2023-02-01 |  | M |  | 237 | A | $0 | 2798 | D |  |
| Common Stock | 2023-02-01 |  | F |  | 472 | D | $98.42 | 2326 | D |  |

---

## Table II - Derivative Securities

---

|  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| 1. Title of Derivative Security | 2. Conversion or Exercise Price | 3. Transaction Date | 3A. Deemed Execution Date | 4. Transaction Code (V) | 4. Transaction Code (V) | 5. Number of Derivative Securities Acquired (A) or Disposed of (D) | 5. Number of Derivative Securities Acquired (A) or Disposed of (D) | 6. Date Exercisable and Expiration Date | 6. Date Exercisable and Expiration Date | 7. Title and Amount of Underlying Securities | 7. Title and Amount of Underlying Securities | 8. Price of Derivative Security | 9. Number of Derivative Securities Beneficially Owned | 10. Ownership Form | 11. Nature of Indirect Beneficial Ownership |
| 1. Title of Derivative Security | 2. Conversion or Exercise Price | 3. Transaction Date | 3A. Deemed Execution Date | Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares | 8. Price of Derivative Security | 9. Number of Derivative Securities Beneficially Owned | 10. Ownership Form | 11. Nature of Indirect Beneficial Ownership |
| Restricted Stock Unit | $0 | 2023-02-01 |  | M |  |  | 200 | <sup>(1)</sup> | 2025-03-01 | Common Stock | 200 | $0 | 0 | D |  |
| Restricted Stock Unit | $0 | 2023-02-01 |  | M |  |  | 256 | <sup>(2)</sup> | 2029-02-25 | Common Stock | 256 | $0 | 514 | D |  |
| Restricted Stock Unit | $0 | 2023-02-01 |  | J<sup>(3)</sup> |  |  | 514 | <sup>(4)</sup> | 2029-02-25 | Common Stock | 514 | $0 | 0 | D |  |
| Restricted Stock Unit | $0 | 2023-02-01 |  | M |  |  | 213 | <sup>(2)</sup> | 2028-02-25 | Common Stock | 213 | $0 | 214 | D |  |
| Restricted Stock Unit | $0 | 2023-02-01 |  | J<sup>(5)</sup> |  |  | 214 | <sup>(11)</sup> | 2028-02-25 | Common Stock | 214 | $0 | 0 | D |  |
| Restricted Stock Unit | $0 | 2023-02-01 |  | M |  |  | 710 | <sup>(6)</sup> | 2027-02-27 | Common Stock | 710 | $0 | 0 | D |  |
| Restricted Stock Unit | $0 | 2023-02-01 |  | M |  |  | 237 | <sup>(2)</sup> | 2027-02-27 | Common Stock | 237 | $0 | 0 | D |  |
| Restricted Stock Unit | $0 | 2023-02-01 |  | J<sup>(7)</sup> |  |  | 640 | <sup>(8)</sup> | 2028-02-25 | Common Stock | 640 | $0 | 0 | D |  |
| Restricted Stock Unit | $0 | 2023-02-01 |  | J<sup>(9)</sup> |  |  | 770 | <sup>(10)</sup> | 2029-02-25 | Common Stock | 770 | $0 | 0 | D |  |

---

### Footnotes:

(1) In connection with the sale of the Adler business, as disclosed in the Current Report on Form 8K filed with the Securities and Exchange Commission on February 1, 2023 (the Adler Transaction), the tranche of restricted stock unit subject to this grant which would have vested in March 2023 was accelerated and deemed vested as of the closing date of the Adler Transaction.  Each restricted stock unit represents a right to receive one share of McGrath RentCorp common stock or an amount equal to the fair market value of the McGrath RentCorp common stock underlying the unit on the vesting date.

(2) In connection with the sale of the Adler business, as disclosed in the Current Report on Form 8-K filed with the Securities and Exchange Commission on February 1, 2023 (the Adler Transaction), the tranche of restricted stock unit subject to this grant which would have vested in February 2023 was accelerated and deemed vested as of the closing date of the Adler Transaction.  Each restricted stock unit represents a right to receive one share of McGrath RentCorp common stock or an amount equal to the fair market value of the McGrath RentCorp common stock underlying the unit on the vesting date.

(3) Forfeiture of service based RSUs awarded on 2/25/2022.

(4) The unvested balance of the service based RSUs awarded on 2/25/2022 is forfeited in connection with the sale of the Adler business, as disclosed in the Current Report on Form 8-K filed with the Securities and Exchange Commission on February 1, 2023.

(5) Forfeiture of service based RSUs awarded on 2/25/2021.

(6) In connection with the sale of the Adler business, as disclosed in the Current Report on Form 8-K filed with the Securities and Exchange Commission on February 1, 2023, 100% of this performance based restricted stock unit was accelerated and deemed achieved at target for years 2020, 2021 and 2022.  Each performance based RSU converts into one share of McGrath RentCorp common stock.

(7) Forfeiture of performance based RSUs awarded on 2/25/2021.

(8) The unvested balance of the performance based RSUs awarded on 2/25/2021 is forfeited in connection with the sale of the Adler business, as disclosed in the Current Report on Form 8-K filed with the Securities and Exchange Commission on February 1, 2023.

(9) Forfeiture of performance based RSUs awarded on 2/25/2022.

(10) The unvested balance of the performance based RSUs awarded on 2/25/2022 is forfeited in connection with the sale of the Adler business, as disclosed in the Current Report on Form 8-K filed with the Securities and Exchange Commission on February 1, 2023.

(11) The unvested balance of the service based RSUs awarded on 2/25/2021 is forfeited in connection with the sale of the Adler business, as disclosed in the Current Report on Form 8-K filed with the Securities and Exchange Commission on February 1, 2023.

**Signature:** Tara Wescott, POA for Stuart Porter  
**Date:** 2023-02-03

### Remarks:

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.

* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).

** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).

Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.

**Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.**