Emily K. Shields - 13 Jun 2022 Form 3 Insider Report for MRC GLOBAL INC. (MRC)

Role
SVP - Sustainability and Assistant General Counsel Exhibit 24 - Power of Attorney
Signature
Ann D. Garnett, by power of attorney
Issuer symbol
MRC
Transactions as of
13 Jun 2022
Net transactions value
$0
Form type
3
Filing time
23 Jun 2022, 18:08:54 UTC
Next filing
08 Feb 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding MRC Common Stock 30,311 13 Jun 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) 13 Jun 2022 Common Stock 1,056 $29.35 Direct F2
holding MRC Stock Option (Right to Buy) 13 Jun 2022 Common Stock 711 $29.30 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 This number includes 8,170 shares of Common Stock and 22,141 shares of unvested Restricted Stock Units ("RSUs"). Each RSU represents a contingent right to receive one share of the issuer's Common Stock. 2,145 RSUs will vest on 2/10/2023; 7,451 RSUs will vest in two annual installments - 3,725 RSUs will vest on 2/8/2023 and 3,726 RSUs will vest on 2/8/2024; 12,545 RSUs will vest in three annual installments - 4,265 will vest on 2/7/2023, 4,139 RSUs will vest on 2/7/2024 and 4,141 RSUs will vest on 2/7/2025; 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 four annual installments of 25% on each of 3/7/2014, 3/7/2015, 3/7/2016 and 3/7/2017.
F3 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:

SVP - Sustainability and Assistant General Counsel Exhibit 24 - Power of Attorney