<PAGE>
Page 1 of 30 Pages
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
Under the Securities Exchange Act of 1934
(Amendment No. ___ )*
Mac-Gray Corporation
-----------------------------------------------
(Name of Issuer)
Common Stock, $.01 par value
-----------------------------------------------
(Title of Class of Securities)
554153-10-6
--------------------------
(CUSIP Number)
*The remainder of this cover page shall be filled out for a reporting person's
initial filing on this form with respect to the subject class of securities, and
for any subsequent amendment containing information which would alter the
disclosures provided in a prior cover page.
The information required in the remainder of this cover page shall not be deemed
to be "filed" for the purpose of Section 18 of the Securities Exchange Act of
1934 ("Act") or otherwise subject to the liabilities of that section of the Act
but shall be subject to all other provisions of the Act (however, see the
Notes).
<PAGE>
CUSIP No. 554153-10-6 13G Page 2 of 30 Pages
1 NAME OF REPORTING PERSON
S.S. or I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Sandra E. MacDonald
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [_]
(b) [X]
3 SEC USE ONLY
4 CITIZENSHIP OR PLACE OF ORGANIZATION
United States
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
5 SOLE VOTING POWER
1,096,183
6 SHARED VOTING POWER
1,559,750
7 SOLE DISPOSITIVE POWER
1,096,183
8 SHARED DISPOSITIVE POWER
2,126,417
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
3,222,600
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* [X]
See Item 4.
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
27.8% (Based upon 11,579,826 shares of Common Stock reported issued
and outstanding in the issuer's latest 10-Q.)
12 TYPE OF REPORTING PERSON*
IN
*SEE INSTRUCTION BEFORE FILLING OUT!
<PAGE>
CUSIP No. 554153-10-6 13G Page 3 of 30 Pages
1 NAME OF REPORTING PERSON
S.S. or I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Richard G. MacDonald
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [_]
(b) [X]
3 SEC USE ONLY
4 CITIZENSHIP OR PLACE OF ORGANIZATION
United States
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
5 SOLE VOTING POWER
13,350
6 SHARED VOTING POWER
2,642,583
7 SOLE DISPOSITIVE POWER
13,350
8 SHARED DISPOSITIVE POWER
3,209,250
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
3,222,600
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* [X]
See Item 4.
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
27.8% (Based upon 11,579,826 shares of Common Stock reported issued
outstanding in the issuer's latest 10-Q.)
12 TYPE OF REPORTING PERSON*
IN
*SEE INSTRUCTION BEFORE FILLING OUT!
<PAGE>
CUSIP No. 554153-10-6 13G Page 4 of 30 Pages
1 NAME OF REPORTING PERSON
S.S. or I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
The Evelyn C. MacDonald Family Trust for the benefit of Sandra E. MacDonald
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [_]
(b) [X]
3 SEC USE ONLY
4 CITIZENSHIP OR PLACE OF ORGANIZATION
United States
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
5 SOLE VOTING POWER
566,667
6 SHARED VOTING POWER
7 SOLE DISPOSITIVE POWER
566,667
8 SHARED DISPOSITIVE POWER
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
566,667
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* [X]
See Item 4.
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
4.9% (Based upon 11,579,826 shares of Common Stock reported issued and
outstanding in the issuer's latest 10-Q.)
12 TYPE OF REPORTING PERSON*
OO (Trust)
*SEE INSTRUCTION BEFORE FILLING OUT!
<PAGE>
CUSIP No. 554153-10-6 13G Page 5 of 30 Pages
1 NAME OF REPORTING PERSON
S.S. or I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
The Whitney E. MacDonald GST Trust-1997
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [_]
(b) [X]
3 SEC USE ONLY
4 CITIZENSHIP OR PLACE OF ORGANIZATION
Massachusetts
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
5 SOLE VOTING POWER
148,800
6 SHARED VOTING POWER
7 SOLE DISPOSITIVE POWER
148,800
8 SHARED DISPOSITIVE POWER
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
148,800
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* [X]
See Item 4.
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
1.3% (Based upon 11,579,826 shares of Common Stock reported issued and
outstanding in the issuer's latest 10-Q.)
12 TYPE OF REPORTING PERSON*
OO (Trust)
*SEE INSTRUCTION BEFORE FILLING OUT!
<PAGE>
CUSIP No. 554153-10-6 13G Page 6 of 30 Pages
1 NAME OF REPORTING PERSON
S.S. or I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
The Jonathan S. MacDonald GST Trust-1997
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [_]
(b) [X]
3 SEC USE ONLY
4 CITIZENSHIP OR PLACE OF ORGANIZATION
Massachusetts
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
148,800
5 SOLE VOTING POWER
6 SHARED VOTING POWER
7 SOLE DISPOSITIVE POWER
148,800
8 SHARED DISPOSITIVE POWER
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
148,800
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* [X]
See Item 4.
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
1.3% (Based upon 11,579,826 shares of Common Stock reported issued and
outstanding in the issuer's latest 10-Q.)
12 TYPE OF REPORTING PERSON*
OO (Trust)
*SEE INSTRUCTION BEFORE FILLING OUT!
<PAGE>
CUSIP No. 554153-10-6 13G Page 7 of 30 Pages
1 NAME OF REPORTING PERSON
S.S. or I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
The Robert C. MacDonald GST Trust-1997
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [_]
(b) [X]
3 SEC USE ONLY
4 CITIZENSHIP OR PLACE OF ORGANIZATION
Massachusetts
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
5 SOLE VOTING POWER
148,800
6 SHARED VOTING POWER
7 SOLE DISPOSITIVE POWER
148,800
8 SHARED DISPOSITIVE POWER
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
148,800
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* [X]
See Item 4.
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
1.3% (Based upon 11,579,826 shares of Common Stock reported issued and
outstanding in the issuer's latest 10-Q.)
12 TYPE OF REPORTING PERSON*
OO (Trust)
*SEE INSTRUCTION BEFORE FILLING OUT!
<PAGE>
CUSIP No. 554153-10-6 13G Page 8 of 30 Pages
1 NAME OF REPORTING PERSON
S.S. or I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
The Whitney E. MacDonald Gift Trust
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [_]
(b) [X]
3 SEC USE ONLY
4 CITIZENSHIP OR PLACE OF ORGANIZATION
Massachusetts
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
5 SOLE VOTING POWER
4,450
6 SHARED VOTING POWER
7 SOLE DISPOSITIVE POWER
4,450
8 SHARED DISPOSITIVE POWER
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
4,450
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* [X]
See Item 4.
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
0.04% (Based upon 11,579,826 shares of Common Stock reported issued and
outstanding in the issuer's latest 10-Q.)
12 TYPE OF REPORTING PERSON*
OO (Trust)
*SEE INSTRUCTION BEFORE FILLING OUT!
<PAGE>
CUSIP No. 554153-10-6 13G Page 9 of 30 Pages
1 NAME OF REPORTING PERSON
S.S. or I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
The Jonathan S. MacDonald Gift Trust
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [_]
(b) [X]
3 SEC USE ONLY
4 CITIZENSHIP OR PLACE OF ORGANIZATION
Massachusetts
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
5 SOLE VOTING POWER
4,450
6 SHARED VOTING POWER
7 SOLE DISPOSITIVE POWER
4,450
8 SHARED DISPOSITIVE POWER
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
4,450
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* [X]
See Item 4.
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
0.04% (Based upon 11,579,826 shares of Common Stock reported issued and
outstanding in the issuer's latest 10-Q.)
12 TYPE OF REPORTING PERSON*
OO (Trust)
*SEE INSTRUCTION BEFORE FILLING OUT!
<PAGE>
CUSIP No. 554153-10-6 13G Page 10 of 30 Pages
1 NAME OF REPORTING PERSON
S.S. or I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
The Robert C. MacDonald Gift Trust
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [_]
(b) [X]
3 SEC USE ONLY
4 CITIZENSHIP OR PLACE OF ORGANIZATION
Massachusetts
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
5 SOLE VOTING POWER
4,450
6 SHARED VOTING POWER
7 SOLE DISPOSITIVE POWER
4,450
8 SHARED DISPOSITIVE POWER
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
4,450
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* [X]
See Item 4.
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
0.04% (Based upon 11,579,826 shares of Common Stock reported issued and
outstanding in the issuer's latest 10-Q.)
12 TYPE OF REPORTING PERSON*
OO (Trust)
*SEE INSTRUCTION BEFORE FILLING OUT!
<PAGE>
Page 11 of 30 Pages
STATEMENT ON SCHEDULE 13G
Item 1(a). Name of Issuer:
--------------
Mac-Gray Corporation
Item 1(b). Address of Issuer's Principal Executive Offices:
-----------------------------------------------
22 Water Street
Cambridge, MA 02141
Item 2(a). Names of Persons Filing:
-----------------------
1. Sandra E. MacDonald
2. Richard G. MacDonald
3. The Evelyn C. MacDonald Family Trust for the benefit of Sandra
E. MacDonald
4. The Whitney E. MacDonald GST Trust-1997
5. The Jonathan S. MacDonald GST Trust-1997
6. The Robert C. MacDonald GST Trust-1997
7. The Whitney E. MacDonald Gift Trust
8. The Jonathan S. MacDonald Gift Trust
9. The Robert C. MacDonald Gift Trust
The persons enumerated in this Item 2(a) are sometimes hereinafter
referred to individually as a "Reporting Person" and collectively as
the "Reporting Persons." Pursuant to the filing of this Schedule 13G,
the Reporting Persons have executed that certain Joint Filing
Agreement attached as Exhibit B hereto.
---------
<PAGE>
Page 12 of 30 Pages
Item 2(b). Business Mailing Address for all Reporting Persons:
--------------------------------------------------
c/o Mac-Gray Corporation
22 Water Street
Cambridge, MA 02141
Item 2(c). Citizenship:
-----------
Each Reporting Person who is an individual has United States
citizenship.
Each Reporting Person who is a trust is incorporated within the
Commonwealth of Massachusetts.
Item 2(d). Title of Class of Securities:
----------------------------
Common Stock, $.01 Par Value
Item 2(e). CUSIP Number:
------------
554153-10-6
Item 3. If this statement is filed pursuant to Rules 13d-1(b), or 13d-2(b),
-------------------------------------------------------------------
check whether the person filing is a:
------------------------------------
Not Applicable
<PAGE>
Page 13 of 30 Pages
Item 4. Ownership:
---------
A total of 11,579,826 shares of common stock, $.01 par value ("Common
Stock") of Mac-Gray Corporation (the "Company") were reported in the
Company's Form 10-Q for the period ended September 30, 1997 (SEC File
Number 1-13495) as issued and outstanding as of the close of business on
October 31, 1997. Statements describing the aggregate amounts of such
Common Stock beneficially owned by each Reporting Person, and the number of
such shares as to which such Reporting Person has (i) sole voting power,
(ii) shared voting power, (iii) sole dispository power, and (iv) shared
dispository power are made in the Tables listed in Exhibit A attached
---------
hereto. The percentage of the class of Common Stock represented by the
aggregate amount of shares beneficially owned by each respective Reporting
Person is as indicated on Item 9. of the cover page for each such Reporting
Person included in this Schedule.
Background Information for Item 4. Each Reporting Person, either in
---------------------------------
its capacity as direct owner of Common Stock or as settlor, trustee or
beneficiary (as the case may be) of certain trusts (described further
below) that hold Common Stock, has voting and or dispository power over
shares of Common Stock held subject to the terms of a stockholders'
agreement dated as of April 17, 1997 (the "First Stockholders' Agreement")
and a stockholders' agreement dated as of June 26, 1997 (the "Second
Stockholders' Agreement") (both agreements collectively, the "Stockholders'
Agreements"). The First Stockholders' Agreement and the Second
Stockholders' Agreement are filed as Exhibits 10.1 and 10.2 (respectively)
to the Company's Form S-1 Registration Statement, as amended, filed with
the Securities and Exchange Commission (File No. 333-3369), (the
"Registration Statement") pursuant to the Securities Act of 1933, as
amended. Given the terms of the Stockholders' Agreements (as described
below), the Reporting Persons and the other persons party thereto might be
deemed to constitute a "group" holding beneficial ownership of an aggregate
total of 6,979,826 shares amounting to 60.3% of the Company's Common Stock
for purposes of Section 13(d)(3) of the Securities Exchange Act of 1934, as
amended. However, each Reporting Person disclaims that such Person has
agreed to act as a group with the other parties to the Stockholders'
Agreements (other than to the extent described in this statement) and such
Person disclaims beneficial ownership of shares of Common Stock of the
Company other than the amounts of shares reported for each respective
Reporting Person in Exhibit A attached hereto.
---------
The parties to the First Stockholders' Agreement are the Company and
its stockholders Mr. Stewart G. MacDonald, Jr., Ms. Sandra E. MacDonald,
Mr. Daniel W. MacDonald, Mr. Jeffrey C. Huenink, The Evelyn C. MacDonald
Family Trust for the benefit of Stewart G. MacDonald, Jr., The Evelyn C.
MacDonald Family Trust for the benefit of Sandra E. MacDonald(1), The
Evelyn C. MacDonald Family Trust for the benefit of Daniel W. MacDonald,
The Stewart G. MacDonald, Jr. 1984 Trust, The Daniel W. MacDonald Trust
1988, the New Century Trust, The Whitney E. MacDonald GST Trust-1997(2),
The Jonathan S. MacDonald GST Trust-1997(2), The Robert C. MacDonald GST
Trust-1997(2), The Whitney E. MacDonald Gift Trust(3), The
<PAGE>
Page 14 of 30 Pages
Jonathan S. MacDonald Gift Trust(3), The Robert C. MacDonald Gift Trust(3),
Cynthia V. Doggett and certain other holders (who hold in aggregate a de
minimis fraction of the issued and outstanding Common Stock). The
stockholders party to the First Stockholders' Agreement, who hold in
aggregate 6,979,826 shares amounting to 60.3% of the issued and outstanding
Common Stock, entered into that agreement pursuant to the Company's April,
1997 acquisition of Sun Services of America, Inc., a former Florida
corporation formerly owned by Mr. Huenink. The First Stockholders'
Agreement grants Mr. Huenink certain demand and "piggy-back" registration
rights, along with the right (subject to certain conditions) to require the
Company to repurchase up to 612,026 shares held by Mr. Huenink. The First
Stockholders' Agreement also contains a provision requiring each
stockholder party thereto to vote their respective shares in favor of Mr.
Huenink's election to the Company's Board of Directors until the earliest
to occur of April 17, 1999 or such time as Mr. Huenink ceases to hold five
percent of the outstanding shares of Common Stock (the "Voting Clause").
Mr. Huenink has served as a Director of the Company since April, 1997
and continues to serve as such. Mr. Heunink's current term as Director does
not expire until the date of the Company's 1999 annual meeting of
stockholders. It is currently anticipated that the Voting Clause will
expire by its own terms before the expiry of Mr. Heunink's current term as
a Director of the Company.
The parties to the Second Stockholders' Agreement are the Company and
its stockholders Mr. Stewart G. MacDonald, Jr., Ms. Sandra E. MacDonald,
Mr. Daniel W. MacDonald, The Evelyn C. MacDonald Family Trust for the
benefit of Stewart G. MacDonald, Jr., The Evelyn C. MacDonald Family Trust
for the benefit of Sandra E. MacDonald(1), The Evelyn C. MacDonald Family
Trust for the benefit of Daniel W. MacDonald, The Stewart G. MacDonald, Jr.
1984 Trust, The Daniel W. MacDonald Trust 1988, the New Century Trust, The
Whitney E. MacDonald GST Trust-1997(2), The Jonathan S. MacDonald GST
Trust-1997(2), The Robert C. MacDonald GST Trust-1997(2), The Whitney E.
MacDonald Gift Trust(3), The Jonathan S. MacDonald Gift Trust(3), The
Robert C. MacDonald Gift Trust(3), Cynthia V. Doggett and certain other
holders (who hold in aggregate a de minimis fraction of the issued and
outstanding shares of the Company). The Second Stockholders' Agreement
gives the parties thereto ((who in aggregate hold 6,367,800 shares
amounting to 55% of the issued and outstanding Common Stock) rights of
first offer to purchase shares offered for sale by another stockholder who
is a party thereto, as well as providing the Company with rights of second
offer to purchase such shares. The Second Stockholders' Agreement also
conveys certain demand and "piggy-back" registration rights to the parties
thereto.
[REMAINDER OF PAGE INTENTIONALLY LEFT BLANK]
<PAGE>
Page 15 of 30 Pages
Footnotes to Item 4:
-------------------
(1) The trustees of The Evelyn C. MacDonald Family Trust for the
benefit of Sandra E. MacDonald (the "SEM Trust") are Patrick
A Flanagan, R. Robert Woodburn, Jr., Peter C. Bennett
(collectively, the "Independent Trustees") and Sandra E.
MacDonald, who is also the sole beneficiary of the SEM
Trust. Only the Independent Trustees exercise and share
voting power over the shares of Common Stock held by the SEM
Trust. Each of the Independent Trustees and Sandra E.
MacDonald share power to dispose of the shares held by the
SEM Trust. The settlor of the SEM Trust is Evelyn C.
MacDonald, who retains the right to replace shares of Common
Stock held by the Trust with property of equivalent value.
(2) The sole trustee of each of The Whitney E. MacDonald GST
Trust-1997, The Jonathan S. MacDonald GST Trust-1997 and The
Robert C. MacDonald GST Trust-1997 (individually, a "GST
Trust", and collectively, the "GST Trusts") is Richard G.
MacDonald. The settlor of each GST Trust is Sandra E.
MacDonald, who retains the right to replace at any time any
shares of Common Stock held by a GST Trust with property of
equivalent value. The beneficiaries of all GST Trusts are
minors who have no power to vote or dispose of shares held
by such GST Trusts.
(3) The sole trustee of each of The Whitney E. MacDonald Gift
Trust, The Jonathan S. MacDonald Gift Trust and The Robert
C. MacDonald Gift Trust (individually, a "Gift Trust", and
collectively, the "Gift Trusts") is Richard G. MacDonald.
The beneficiaries of all Gift Trusts are minors who have no
power to vote or dispose of shares held by such Gift Trusts.
[REMAINDER OF PAGE INTENTIONALLY LEFT BLANK]
<PAGE>
Page 16 of 30 Pages
Item 5. Ownership of Five Percent or Less of a Class:
--------------------------------------------
Not Applicable
Item 6. Ownership of More than Five Percent on Behalf of Another Person:
---------------------------------------------------------------
Not Applicable
Item 7. Identification and Classification of the Subsidiary Which Acquired the
----------------------------------------------------------------------
Security Being Reported on By the Parent Holding Company:
--------------------------------------------------------
Not Applicable
Item 8. Identification and Classification of Members of the Group:
---------------------------------------------------------
Not Applicable
Item 9. Notice of Dissolution of Group:
------------------------------
Not Applicable
Item 10. Certification:
-------------
Not Applicable
<PAGE>
Page 17 of 30 Pages
Signatures
----------
After reasonable inquiry and to the best of my knowledge and belief, I
certify that the information set forth in this statement is true, complete and
correct.
Dated: February 17, 1998
/s/ Sandra E. MacDonald
__________________________________________________
Sandra E. MacDonald, individually and as Trustee
and Beneficiary of The Evelyn C. MacDonald Family
Trust f/b/o Sandra E. MacDonald and as Trustee of
The Evelyn C. MacDonald Family Trust f/b/o Daniel
W. MacDonald and as Settlor of each of The Whitney
E. MacDonald GST Trust-1997, The Jonathan S.
MacDonald GST Trust-1997, and The Robert C.
MacDonald GST Trust-1997.
/s/ Richard G. MacDonald
__________________________________________________
Richard G. MacDonald, individually and as Trustee
of each of The Whitney E. MacDonald GST Trust-
1997, The Jonathan S. MacDonald GST Trust-1997,
The Robert C. MacDonald GST Trust-1997, The
Whitney E. MacDonald Gift Trust, The Jonathan S.
MacDonald Gift Trust, and The Robert C. MacDonald
Gift Trust
The Evelyn C. MacDonald Family Trust for the
benefit of Sandra E. MacDonald
By: /s/ Sandra E. MacDonald
__________________________________________________
Sandra E. MacDonald, Trustee
The Whitney E. MacDonald GST Trust-1997
By: /s/ Richard G. MacDonald
__________________________________________________
Richard G. MacDonald, Trustee
<PAGE>
Page 18 of 30 Pages
The Jonathan S. MacDonald GST Trust-1997
By: /s/ Richard G. MacDonald
__________________________________________________
Richard G. MacDonald, Trustee
The Robert C. MacDonald GST Trust-1997
By: /s/ Richard G. MacDonald
__________________________________________________
Richard G. MacDonald, Trustee
The Whitney E. MacDonald Gift Trust
By: /s/ Richard G. MacDonald
__________________________________________________
Richard G. MacDonald, Trustee
The Jonathan S. MacDonald Gift Trust
The Jonathan S. MacDonald Gift Trust
By: /s/ Richard G. MacDonald
__________________________________________________
Richard G. MacDonald, Trustee
The Robert C. MacDonald Gift Trust
By: /s/ Richard G. MacDonald
__________________________________________________
Richard G. MacDonald, Trustee
<PAGE>
Page 19 of 30 Pages
EXHIBIT A
- ---------
<TABLE>
<CAPTION>
- ------------------------------------------------------------------------------------------------------------------------------------
NAME: Sandra E. MacDonald
- ------------------------------------------------------------------------------------------------------------------------------------
COMMON FORM OF BENEFICIAL OWNERSHIP BENEFICIAL
STOCK OWNERSHIP
DISCLAIMED
- ------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C>
Sole Voting 1,096,183 Direct NO
Power
- ------------------------------------------------------------------------------------------------------------------------------------
Total Sole 1,096,183
Voting
Power
- ------------------------------------------------------------------------------------------------------------------------------------
Shared 1,100,000 By the Daniel W. MacDonald Trust 1988 as co-trustee YES
Voting 148,800 By the Whitney E. MacDonald GST Trust-1997 as settlor with right to replace trust property YES
Power 148,800 By the Jonathan S. MacDonald GST Trust-1997 as settlor with right to replace trust property YES
148,800 By the Robert C. MacDonald GST Trust-1997 as settlor with right to replace trust property YES
4,450 By the Whitney E. MacDonald Gift Trust as spouse of the sole trustee Richard G. MacDonald YES
4,450 By the Jonathan S. MacDonald Gift Trust as spouse of the sole trustee Richard G. MacDonald YES
4,450 By the Robert C. MacDonald Gift Trust as spouse of the sole trustee Richard G. MacDonald YES
- ------------------------------------------------------------------------------------------------------------------------------------
Total 1,559,750
Shared
Voting
Power
- ------------------------------------------------------------------------------------------------------------------------------------
Sole 1,096,183 Direct NO
Dispositive
Power
- ------------------------------------------------------------------------------------------------------------------------------------
Total Sole 1,096,183
Dispositive
Power
- ------------------------------------------------------------------------------------------------------------------------------------
Shared 566,667 By the Evelyn C. MacDonald Family Trust f/b/o Sandra E. MacDonald as co-trustee and beneficiary NO
Dispositive 1,100,000 By the Daniel W. MacDonald Trust 1988 as co-trustee YES
Power 148,800 By the Whitney E. MacDonald GST Trust-1997 as settlor with right to replace trust property YES
148,800 By the Jonathan S. MacDonald GST Trust-1997 as settlor with right to replace trust property YES
148,800 By the Robert C. MacDonald GST Trust-1997 as settlor with right to replace trust property YES
4,450 By the Whitney E. MacDonald Gift Trust as spouse of the sole trustee Richard G. MacDonald YES
4,450 By the Jonathan S. MacDonald Gift Trust as spouse of the sole trustee Richard G. MacDonald YES
4,450 By the Robert C. MacDonald Gift Trust as spouse of the sole trustee Richard G. MacDonald YES
- ------------------------------------------------------------------------------------------------------------------------------------
Total 2,126,417
Shared
Dispositive
Power
- ------------------------------------------------------------------------------------------------------------------------------------
Aggregated Beneficial Ownership: 3,222,600
- ------------------------------------------------------------------------------------------------------------------------------------
</TABLE>
<PAGE>
Page 20 of 30 Pages
<TABLE>
<CAPTION>
- ------------------------------------------------------------------------------------------------------------------------------------
NAME: Richard G. MacDonald
- ------------------------------------------------------------------------------------------------------------------------------------
COMMON FORM OF BENEFICIAL OWNERSHIP BENEFICIAL
STOCK OWNERSHIP
DISCLAIMED
- ------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C>
Sole 4,450 By the Whitney E. MacDonald Gift Trust as sole trustee YES
Voting 4,450 By the Jonathan S. MacDonald Gift Trust as sole trustee YES
Power 4,450 By the Robert C. MacDonald Gift Trust as sole trustee YES
- ------------------------------------------------------------------------------------------------------------------------------------
Total Sole 13,350
Voting
Power
- ------------------------------------------------------------------------------------------------------------------------------------
Shared 1,096,183 As husband of Sandra E. MacDonald YES
Voting 1,100,000 As husband of Sandra E. MacDonald as trustee of the Daniel W. MacDonald Trust 1988 YES
Power 148,800 By the Whitney E. MacDonald GST Trust-1997 as trustee YES
148,800 By the Jonathan S. MacDonald GST Trust-1997 as trustee YES
148,800 By the Robert C. MacDonald GST Trust-1997 as trustee YES
- ------------------------------------------------------------------------------------------------------------------------------------
Total 2,642,583
Shared
Voting
Power
- ------------------------------------------------------------------------------------------------------------------------------------
Sole 4,450 By the Whitney E. MacDonald Gift Trust as sole trustee YES
Voting 4,450 By the Jonathan S. MacDonald Gift Trust as sole trustee YES
Power 4,450 By the Robert C. MacDonald Gift Trust as sole trustee YES
- ------------------------------------------------------------------------------------------------------------------------------------
Total Sole 13,350
Dispositive
Power
- ------------------------------------------------------------------------------------------------------------------------------------
Shared 1,096,183 As husband of Sandra E. MacDonald YES
Dispositive 566,667 By the Evelyn C. MacDonald Family Trust f/b/o Sandra E. MacDonald as spouse of
Power trustee/beneficiary YES
1,100,000 As husband of Sandra E. MacDonald trustee of the Daniel W. MacDonald Trust 1988 YES
148,800 By the Whitney E. MacDonald GST Trust-1997 as trustee YES
148,800 By the Jonathan S. MacDonald GST Trust-1997 as trustee YES
148,800 By the Robert C. MacDonald GST Trust-1997 as trustee YES
- ------------------------------------------------------------------------------------------------------------------------------------
Total 3,209,250
Shared
Dispositive
Power
- ------------------------------------------------------------------------------------------------------------------------------------
Aggregated Beneficial Ownership: 3,222,600
- ------------------------------------------------------------------------------------------------------------------------------------
</TABLE>
<PAGE>
Page 21 of 30 Pages
<TABLE>
<CAPTION>
- ------------------------------------------------------------------------------------
NAME: The Evelyn C. MacDonald Family Trust for the Benefit of Sandra E. MacDonald
- ------------------------------------------------------------------------------------
COMMON FORM OF BENEFICIAL OWNERSHIP BENEFICIAL
STOCK OWNERSHIP
DISCLAIMED
- ------------------------------------------------------------------------------------
<S> <C> <C> <C>
Sole Voting 566,667 Direct NO
Power
- ------------------------------------------------------------------------------------
Total Sole 566,667
Voting
Power
- ------------------------------------------------------------------------------------
Shared
Voting
Power
- ------------------------------------------------------------------------------------
Total
Shared
Voting
Power
- ------------------------------------------------------------------------------------
Sole 566,667 Direct NO
Dispositive
Power
- ------------------------------------------------------------------------------------
Total Sole 566,667
Dispositive
Power
- ------------------------------------------------------------------------------------
Shared
Dispositive
Power
- ------------------------------------------------------------------------------------
Total
Shared
Dispositive
Power
- ------------------------------------------------------------------------------------
Aggregated Beneficial Ownership: 566,667
- ------------------------------------------------------------------------------------
</TABLE>
<PAGE>
Page 22 of 30 Pages
<TABLE>
<CAPTION>
- ----------------------------------------------------------------------
NAME: The Whitney E. MacDonald GST Trust-1997
- ----------------------------------------------------------------------
COMMON FORM OF BENEFICIAL OWNERSHIP BENEFICIAL
STOCK OWNERSHIP
DISCLAIMED
- ----------------------------------------------------------------------
<S> <C> <C> <C>
Sole Voting 148,800 NO
Power
- ----------------------------------------------------------------------
Total Sole 148,800
Voting
Power
- ----------------------------------------------------------------------
Shared
Voting
Power
- ----------------------------------------------------------------------
Total
Shared
Voting
Power
- ----------------------------------------------------------------------
Sole 148,800 NO
Dispositive
Power
- ----------------------------------------------------------------------
Total Sole 148,800
Dispositive
Power
- ----------------------------------------------------------------------
Shared
Dispositive
Power
- ----------------------------------------------------------------------
Total
Shared
Dispositive
Power
- ----------------------------------------------------------------------
Aggregated Beneficial Ownership: 148,800
- ----------------------------------------------------------------------
</TABLE>
<PAGE>
Page 23 of 30 Pages
<TABLE>
<CAPTION>
- ----------------------------------------------------------------------
NAME: The Jonathan S. MacDonald GST Trust-1997
- ----------------------------------------------------------------------
COMMON FORM OF BENEFICIAL OWNERSHIP BENEFICIAL
STOCK OWNERSHIP
DISCLAIMED
- ----------------------------------------------------------------------
<S> <C> <C> <C>
Sole Voting 148,800 NO
Power
- ----------------------------------------------------------------------
Total Sole 148,800
Voting
Power
- ----------------------------------------------------------------------
Shared
Voting
Power
- ----------------------------------------------------------------------
Total
Shared
Voting
Power
- ----------------------------------------------------------------------
Sole 148,800 NO
Dispositive
Power
- ----------------------------------------------------------------------
Total Sole 148,800
Dispositive
Power
- ----------------------------------------------------------------------
Shared
Dispositive
Power
- ----------------------------------------------------------------------
Total
Shared
Dispositive
Power
- ----------------------------------------------------------------------
Aggregated Beneficial Ownership: 148,800
- ----------------------------------------------------------------------
</TABLE>
<PAGE>
Page 24 of 30 Pages
<TABLE>
<CAPTION>
- ----------------------------------------------------------------------
NAME: The Robert C. MacDonald GST Trust-1997
- ----------------------------------------------------------------------
COMMON FORM OF BENEFICIAL OWNERSHIP BENEFICIAL
STOCK OWNERSHIP
DISCLAIMED
- ----------------------------------------------------------------------
<S> <C> <C> <C>
Sole Voting 148,800 NO
Power
- ----------------------------------------------------------------------
Total Sole 148,800
Voting
Power
- ----------------------------------------------------------------------
Shared
Voting
Power
- ----------------------------------------------------------------------
Total
Shared
Voting
Power
- ----------------------------------------------------------------------
Sole 148,800 NO
Dispositive
Power
- ----------------------------------------------------------------------
Total Sole 148,800
Dispositive
Power
- ----------------------------------------------------------------------
Shared
Dispositive
Power
- ----------------------------------------------------------------------
Total
Shared
Dispositive
Power
- ----------------------------------------------------------------------
Aggregated Beneficial Ownership: 148,800
- ----------------------------------------------------------------------
</TABLE>
<PAGE>
Page 25 of 30 Pages
<TABLE>
<CAPTION>
- ---------------------------------------------------------------------
NAME: The Whitney E. MacDonald Gift Trust
- ---------------------------------------------------------------------
COMMON FORM OF BENEFICIAL OWNERSHIP BENEFICIAL
STOCK OWNERSHIP
DISCLAIMED
- ---------------------------------------------------------------------
<S> <C> <C> <C>
Sole Voting 4,450 NO
Power
- ---------------------------------------------------------------------
Total Sole 4,450
Voting
Power
- ---------------------------------------------------------------------
Shared
Voting
Power
- ---------------------------------------------------------------------
Total
Shared
Voting
Power
- ---------------------------------------------------------------------
Sole 4,450 NO
Dispositive
Power
- ---------------------------------------------------------------------
Total Sole 4,450
Dispositive
Power
- ---------------------------------------------------------------------
Shared
Dispositive
Power
- ---------------------------------------------------------------------
Total
Shared
Dispositive
Power
- ---------------------------------------------------------------------
Aggregated Beneficial Ownership: 4,450
- ---------------------------------------------------------------------
</TABLE>
<PAGE>
Page 26 of 30 Pages
<TABLE>
<CAPTION>
- ---------------------------------------------------------------------
NAME: The Jonathan S. MacDonald Gift Trust
- ---------------------------------------------------------------------
COMMON FORM OF BENEFICIAL OWNERSHIP BENEFICIAL
STOCK OWNERSHIP
DISCLAIMED
- ---------------------------------------------------------------------
<S> <C> <C> <C>
Sole Voting 4,450 NO
Power
- ---------------------------------------------------------------------
Total Sole 4,450
Voting
Power
- ---------------------------------------------------------------------
Shared
Voting
Power
- ---------------------------------------------------------------------
Total
Shared
Voting
Power
- ---------------------------------------------------------------------
Sole 4,450 NO
Dispositive
Power
- ---------------------------------------------------------------------
Total Sole 4,450
Dispositive
Power
- ---------------------------------------------------------------------
Shared
Dispositive
Power
- ---------------------------------------------------------------------
Total
Shared
Dispositive
Power
- ---------------------------------------------------------------------
Aggregated Beneficial Ownership: 4,450
- ---------------------------------------------------------------------
</TABLE>
<PAGE>
Page 27 of 30 Pages
<TABLE>
<CAPTION>
- ---------------------------------------------------------------------
NAME: The Robert C. MacDonald Gift Trust
- ---------------------------------------------------------------------
COMMON FORM OF BENEFICIAL OWNERSHIP BENEFICIAL
STOCK OWNERSHIP
DISCLAIMED
- ---------------------------------------------------------------------
<S> <C> <C> <C>
Sole Voting 4,450 NO
Power
- ---------------------------------------------------------------------
Total Sole 4,450
Voting
Power
- ---------------------------------------------------------------------
Shared
Voting
Power
- ---------------------------------------------------------------------
Total
Shared
Voting
Power
- ---------------------------------------------------------------------
Sole 4,450 NO
Dispositive
Power
- ---------------------------------------------------------------------
Total Sole 4,450
Dispositive
Power
- ---------------------------------------------------------------------
Shared
Dispositive
Power
- ---------------------------------------------------------------------
Total
Shared
Dispositive
Power
- ---------------------------------------------------------------------
Aggregated Beneficial Ownership: 4,450
- ---------------------------------------------------------------------
</TABLE>
<PAGE>
Page 28 of 30 Pages
EXHIBIT B
- ---------
JOINT FILING AGREEMENT
----------------------
This will confirm the agreement by Sandra E. MacDonald, Richard G.
MacDonald, The Evelyn C. MacDonald Family Trust for the benefit of Sandra E.
MacDonald, The Whitney E. MacDonald GST Trust-1997, The Jonathan S. MacDonald
GST Trust-1997, The Robert C. MacDonald GST Trust-1997, The Whitney E. MacDonald
Gift Trust, The Jonathan S. MacDonald Gift Trust, and The Robert C. MacDonald
Gift Trust (collectively, the "Reporting Persons") in connection with that
certain Schedule 13G to be filed on or about February 14, 1998, with respect to
the common stock, par value $.01 per share (the "Common Stock"), of Mac-Gray
Corporation (the "Company") pertaining to the beneficial ownership by the
Reporting Persons of shares of such Common Stock (the "Schedule 13G"). The
undersigned hereby agree with respect to such filing on Schedule 13G as follows:
(i) No Reporting Person nor any representative of any Reporting Person
makes any representation with respect to, nor bears any responsibility for, any
of the information set forth with respect to any other "person" who or which is
or becomes a party to or a member of any "group" (as such terms are defined and
used in Section 13(g) of the Securities Exchange Act of 1934, as amended, and
Regulation 13D-G promulgated thereunder) for whom or which information is
included in such Schedule 13G.
(ii) Subject to paragraph (i) above, the undersigned hereby confirm the
agreement by and among each of them that the Schedule 13G is being filed on
behalf of each of the parties named below.
This Agreement may be executed in two or more counterparts, each of which
shall be deemed an original, but all of which together shall constitute one and
the same instrument.
Dated: February 17, 1998
/s/ Sandra E. MacDonald
__________________________________________________
Sandra E. MacDonald, individually and as Trustee
and Beneficiary of The Evelyn C. MacDonald Family
Trust f/b/o Sandra E. MacDonald and as Trustee of
The Evelyn C. MacDonald Family Trust f/b/o Daniel
W. MacDonald and as Settlor of each of The Whitney
E. MacDonald GST Trust-1997, The Jonathan S.
MacDonald GST Trust-1997, and The Robert C.
MacDonald GST Trust-1997.
<PAGE>
Page 29 of 30 Pages
/s/ Richard G. MacDonald
__________________________________________________
Richard G. MacDonald, individually and as Trustee
of each of The Whitney E. MacDonald GST Trust-
1997, The Jonathan S. MacDonald GST Trust-1997,
The Robert C. MacDonald GST Trust-1997, The
Whitney E. MacDonald Gift Trust, The Jonathan S.
MacDonald Gift Trust, and The Robert C. MacDonald
Gift Trust
The Evelyn C. MacDonald Family Trust for the
benefit of Sandra E. MacDonald
By: /s/ Sandra E. MacDonald
__________________________________________________
Sandra E. MacDonald, Trustee
The Whitney E. MacDonald GST Trust-1997
By: /s/ Richard G. MacDonald
__________________________________________________
Richard G. MacDonald, Trustee
The Jonathan S. MacDonald GST Trust-1997
By: /s/ Richard G. MacDonald
__________________________________________________
Richard G. MacDonald, Trustee
The Robert C. MacDonald GST Trust-1997
By: /s/ Richard G. MacDonald
__________________________________________________
Richard G. MacDonald, Trustee
<PAGE>
Page 30 of 30 Pages
The Whitney E. MacDonald Gift Trust
By: /s/ Richard G. MacDonald
__________________________________________________
Richard G. MacDonald, Trustee
The Jonathan S. MacDonald Gift Trust
The Jonathan S. MacDonald Gift Trust
By: /s/ Richard G. MacDonald
__________________________________________________
Richard G. MacDonald, Trustee
The Robert C. MacDonald Gift Trust
By: /s/ Richard G. MacDonald
__________________________________________________
Richard G. MacDonald, Trustee
