Cornelis Adrianus Linse - 05 May 2022 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
05 May 2022
Transactions value $
-$48,501
Form type
4
Filing time
09 May 2022, 19:47:48 UTC
Previous filing
10 May 2021
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 +10.2K +13.62% $0.00 85.3K 05 May 2022 Direct F1
transaction MRC Common Stock Tax liability -$48.5K -4.02K -4.71% $12.08 81.3K 06 May 2022 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 05/05/2022 that will vest on 05/05/2023, 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 05/05/2023 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 of the issuer.