Stephen B. Smith - 07 Jan 2022 Form 3 Insider Report for MRC GLOBAL INC. (MRC)

Role
Senior Vice President - International Exhibit 24 - Power of Attorney
Signature
Ann D. Garnett, by power of attorney
Issuer symbol
MRC
Transactions as of
07 Jan 2022
Net transactions value
$0
Form type
3
Filing time
24 Jan 2022, 15:05:21 UTC
Next filing
09 Feb 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding MRC Common Stock 36,925 07 Jan 2022 Direct F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
holding MRC Stock Option (Right to Buy) 07 Jan 2022 Common Stock 1,074 $29.30 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 This number includes 13,555 shares of Common Stock and 23,370 shares of unvested Restricted Stock Units ("RSUs"). Each RSU represents a contingent right to receive one share of the issuer's Common Stock. 1,844 RSUs will vest on 2/11/2022; 4,813 RSUs will vest in two annual installments-2,406 RSUs will vest on 2/10/2022, and 2,407 RSUs will vest on 2/10/2023; 5,004 RSUs will vest on 2/10/2023; and 11,709 RSUs will vest in three annual installments-3,981 RSUs will vest on 2/8/2022, 3,863 RSUs will vest on 2/8/2023, and 3,865 RSUs will vest on 2/8/2024; each conditioned on the reporting person's continued service with the issuer and subject to accelerated vesting under certain circumstances.
F2 The Stock Option vested in three annual installments as follows: 33% on 2/18/2015, 33% on 2/18/2016, and 34% on 2/18/2017.

Remarks:

Senior Vice President - International Exhibit 24 - Power of Attorney