Grant R. Bates - Feb 7, 2022 Form 4 Insider Report for MRC GLOBAL INC. (MRC)

Role
SVP - North America Operations & E-Commerce
Signature
/s/ Ann D. Garnett, by power of attorney
Stock symbol
MRC
Transactions as of
Feb 7, 2022
Transactions value $
$0
Form type
4
Date filed
2/9/2022, 05:39 PM
Previous filing
May 7, 2021
Next filing
Feb 10, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MRC Common Stock Award $0 +27.9K +26.19% $0.00 134K Feb 7, 2022 Direct F1
transaction MRC Common Stock Award $0 +2.04K +42.65% $0.00 6.82K Feb 7, 2022 By Spouse F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On February 7, 2022, the reporting person received 27,857 Restricted Stock Units (the "February 2022 Grant"). Each Restricted Stock Unit represents a contingent right to receive one share of the issuer's Common Stock. 34% of the February 2022 Grant will vest on February 7, 2023 and 33% of the February 2022 Grant will vest on each of February 7, 2024 and February 7, 2025, each conditioned on the reporting person's continued service with the issuer and subject to accelerated vesting under certain circumstances.
F2 On February 7, 2022, the reporting person's spouse received 2,038 Restricted Stock Units (the "February 2022 Grant"). Each Restricted Stock Unit represents a contingent right to receive one share of the issuer's Common Stock. 34% of the February 2022 Grant will vest on February 7, 2023 and 33% of the February 2022 Grant will vest on each of February 7, 2024 and February 7, 2025, each conditioned on the reporting person's spouse's continued service with the issuer and subject to accelerated vesting under certain circumstances.

Remarks:

SVP - North America Operations & E-Commerce