Stephen B. Smith - 07 Jan 2022 Form 3 Insider Report for MRC GLOBAL INC. (MRC)

Source evidence Original filing metadata and source links for verification. 4 source fields
SEC form
3
Accepted by SEC
24 Jan 2022, 15:05:21 UTC
Next SEC filing
09 Feb 2022
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
Ann D. Garnett, by power of attorney

Key filing fact

Stephen B. Smith filed Form 3 for MRC GLOBAL INC. (MRC) on 24 Jan 2022.

Key facts

  • This page summarizes Stephen B. Smith's Form 3 filing for MRC GLOBAL INC. (MRC).
  • 0 reported transactions and 1 derivative row are listed below.
  • Accepted by SEC: 24 Jan 2022, 15:05.

Change

  • No earlier filing in this sequence is available for direct comparison.
  • Current net transaction value: $0.

Research use

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Evidence

Official SEC source

Ownership activity is grounded in SEC Form 3 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

MRC holding

Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
36,925
Date
07 Jan 2022
Ownership
Direct
Footnotes
F1

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

MRC holding Derivative

Stock Option (Right to Buy)

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
Date
07 Jan 2022
Ownership
Direct
Underlying class
Common Stock
Underlying amount
1,074
Exercise price
$29.30
Footnotes
F2
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 2 footnotes

Footnote F1

This number includes 13,555 shares of Common Stock and 23,370 shares of unvested Restricted Stock Units ("RSUs"). Each RSU represents a contingent right to receive one share of the issuer's Common Stock. 1,844 RSUs will vest on 2/11/2022; 4,813 RSUs will vest in two annual installments-2,406 RSUs will vest on 2/10/2022, and 2,407 RSUs will vest on 2/10/2023; 5,004 RSUs will vest on 2/10/2023; and 11,709 RSUs will vest in three annual installments-3,981 RSUs will vest on 2/8/2022, 3,863 RSUs will vest on 2/8/2023, and 3,865 RSUs will vest on 2/8/2024; each conditioned on the reporting person's continued service with the issuer and subject to accelerated vesting under certain circumstances.

Footnote F2

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.

SEC remarks

Senior Vice President - International Exhibit 24 - Power of Attorney

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