Stephen B. Smith - 07 Feb 2022 Form 4 Insider Report for MRC GLOBAL INC. (MRC)

Role: SVP - International
Signature: /s/ Ann D. Garnett, by power of attorney
Issuer symbol: MRC
Transactions as of: 07 Feb 2022
Net transactions value: $0
Form type: 4
Filing time: 09 Feb 2022, 17:43:58 UTC
Previous filing: 24 Jan 2022
Next filing: 10 Feb 2022
SEC: View on sec.gov

Key filing fact

Stephen B. Smith filed Form 4 for MRC GLOBAL INC. (MRC) on 09 Feb 2022.

Key facts

This page summarizes Stephen B. Smith's Form 4 filing for MRC GLOBAL INC. (MRC).
1 reported transaction and 0 derivative rows are listed below.
Filing timestamp: 09 Feb 2022, 17:43.

Change

Previous filing in this sequence was filed on 24 Jan 2022.
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

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

See Original Filing

Transactions Table

MRC transaction

Common Stock

Award

Transaction value: $0
Shares: +10,909
Change %: +30%
Price: $0.000000
Shares after: 47,834
Date: 07 Feb 2022
Ownership: Direct
Footnotes: F1

* 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 10,909 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.

Content

On February 7, 2022, the reporting person received 10,909 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.