Ronald L. Jadin - Nov 3, 2022 Form 4/A - Amendment Insider Report for MRC GLOBAL INC. (MRC)

Role
Director
Signature
/s/ Ann D. Garnett, by power of attorney
Stock symbol
MRC
Transactions as of
Nov 3, 2022
Transactions value $
$0
Form type
4/A - Amendment
Date filed
2/2/2023, 03:40 PM
Date Of Original Report
Nov 7, 2022
Previous filing
May 9, 2022
Next filing
May 5, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding MRC Common Stock 17.9K Nov 3, 2022 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On November 3, 2022, due to a system error, the company mistakenly forfeited shares from director Ronald L. Jadin's vested restricted stock to satisfy U.S. federal tax obligations as an employee. Director Ronald L. Jadin is not an employee subject to tax withholding obligations, and these shares should not have been forfeited. Pursuant to power of attorney, a Form 4 was filed on November 7, 2022 to show the forfeited shares. The company has corrected this erroneous transaction, and this amendment to the Form 4 is being filed to reflect the correction and show that all of the shares were vested to the director on November 3, 2022, and no shares have been forfeited.