Stephen B. Smith - 07 Feb 2022 Form 4 Insider Report for MRC GLOBAL INC. (MRC)

Role: SVP - International
Signature: /s/ Ann D. Garnett, by power of attorney
Issuer symbol: MRC
Transactions as of: 07 Feb 2022
Net transactions value: $0
Form type: 4
Filing time: 09 Feb 2022, 17:43:58 UTC
Previous filing: 24 Jan 2022
Next filing: 10 Feb 2022
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	MRC	Common Stock	Award	$0	+10,909	+30%	$0.000000	47,834	07 Feb 2022	Direct	F1

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	On February 7, 2022, the reporting person received 10,909 Restricted Stock Units (the "February 2022 Grant"). Each Restricted Stock Unit represents a contingent right to receive one share of the issuer's Common Stock. 34% of the February 2022 Grant will vest on February 7, 2023 and 33% of the February 2022 Grant will vest on each of February 7, 2024 and February 7, 2025, each conditioned on the reporting person's continued service with the issuer and subject to accelerated vesting under certain circumstances.

Content

On February 7, 2022, the reporting person received 10,909 Restricted Stock Units (the "February 2022 Grant"). Each Restricted Stock Unit represents a contingent right to receive one share of the issuer's Common Stock. 34% of the February 2022 Grant will vest on February 7, 2023 and 33% of the February 2022 Grant will vest on each of February 7, 2024 and February 7, 2025, each conditioned on the reporting person's continued service with the issuer and subject to accelerated vesting under certain circumstances.