George John Damiris - 03 Nov 2022 Form 4/A - Amendment Insider Report for MRC GLOBAL INC. (MRC)

Role
Director
Signature
/s/ Ann D. Garnett, by power of attorney
Issuer symbol
MRC
Transactions as of
03 Nov 2022
Net transactions value
$0
Form type
4/A - Amendment
Filing time
02 Feb 2023, 15:36:23 UTC
Date Of Original Report
07 Nov 2022
Previous filing
05 Aug 2022
Next filing
07 Feb 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding MRC Common Stock 17,926 03 Nov 2022 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On November 3, 2022, due to a system error, the company mistakenly forfeited shares from director George John Damiris' vested restricted stock to satisfy U.S. federal tax obligations as an employee. Director George John Damiris is not an employee subject to tax withholding obligations, and these shares should not have been forfeited. Pursuant to power of attorney, a Form 4 was filed on November 7, 2022 to show the forfeited shares. The company has corrected this erroneous transaction, and this amendment to the Form 4 is being filed to reflect the correction and show that all of the shares were vested to the director on November 3, 2022, and no shares have been forfeited.