Grant R. Bates - 05 May 2021 Form 4 Insider Report for MRC GLOBAL INC. (MRC)

Role
SVP - Strategy, Corp Dev & E-Commerce
Signature
/s/ Ann D. Garnett, by power of attorney
Issuer symbol
MRC
Transactions as of
05 May 2021
Net transactions value
$0
Form type
4
Filing time
07 May 2021, 16:05:23 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
transaction MRC Common Stock Award $0 +19,126 +22% $0.000000 106,368 05 May 2021 Direct F1
holding MRC Common Stock 4,778 05 May 2021 By Spouse
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On May 5, 2021, the reporting person received 19,126 Restricted Stock Units (the "May 2021 Grant"). Each Restricted Stock Unit represents a contingent right to receive one share of the issuer's Common Stock. 34% of the May 2021 Grant will vest on May 5, 2022 and 33% of the May 2021 Grant will vest on each of May 5, 2023 and May 5, 2024, each conditioned on the reporting person's continued service with the issuer and subject to accelerated vesting under certain circumstances.

Remarks:

SVP - Strategy, Corp Dev & E-Commerce