Cornelis Adrianus Linse - 06 May 2021 Form 4 Insider Report for MRC GLOBAL INC. (MRC)

Role
Director
Signature
/s/ Ann D. Garnett, by power of attorney
Issuer symbol
MRC
Transactions as of
06 May 2021
Net transactions value
-$67,476
Form type
4
Filing time
10 May 2021, 16:05:36 UTC
Next filing
09 May 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 +13,383 +20% $0.000000 80,863 06 May 2021 Direct F1
transaction MRC Common Stock Tax liability $67,476 -5,782 -7.2% $11.67 75,081 07 May 2021 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents shares of restricted common stock awarded to the reporting person on 05/06/2021 that will vest on 05/06/2022, conditioned on the reporting person's continued service as a director of the issuer and subject to (a) pro-rata vesting if the reporting person's service as a director terminates prior to 05/06/2022 and (b) accelerated vesting under certain circumstances.
F2 The reporting person surrendered these shares to satisfy tax withholding obligations resulting from the vesting of certain restricted stock awards of the issuer.