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

Role: Senior Vice President - International Exhibit 24 - Power of Attorney
Signature: Ann D. Garnett, by power of attorney
Issuer symbol: MRC
Transactions as of: 07 Jan 2022
Net transaction value: $0
Form type: 3
Filing time: 24 Jan 2022, 15:05:21 UTC
Next filing: 09 Feb 2022
SEC filing: View on sec.gov

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.
Filing timestamp: 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.

See Original Filing

Reported transactions

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

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

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

^* indicates a reported price that failed the local validity check.

Explanation of Responses:

Id	Content
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.
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.

Content

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.

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:

Senior Vice President - International Exhibit 24 - Power of Attorney