Robert J. Saltiel - 07 Feb 2023 Form 4 Insider Report for MRC GLOBAL INC. (MRC)

Role: President and CEO, Director
Signature: /s/ Ann D. Garnett, by power of attorney
Issuer symbol: MRC
Transactions as of: 07 Feb 2023
Net transactions value: $0
Form type: 4
Filing time: 09 Feb 2023, 16:33:08 UTC
Previous filing: 16 Mar 2022
Next filing: 10 Feb 2023
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	+161,080	+37%	$0.000000	598,914	07 Feb 2023	Direct	F1

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	On February 7, 2023, the reporting person received 161,080 Restricted Stock Units (the "February 2023 Grant"). Each Restricted Stock Unit represents a contingent right to receive one share of the issuer's Common Stock. 34% of the February 2023 Grant will vest on February 7, 2024 and 33% of the February 2023 Grant will vest on each of February 7, 2025 and February 7, 2026, each conditioned on the reporting person's continued service with the issuer and subject to accelerated vesting under certain circumstances.

Content

On February 7, 2023, the reporting person received 161,080 Restricted Stock Units (the "February 2023 Grant"). Each Restricted Stock Unit represents a contingent right to receive one share of the issuer's Common Stock. 34% of the February 2023 Grant will vest on February 7, 2024 and 33% of the February 2023 Grant will vest on each of February 7, 2025 and February 7, 2026, each conditioned on the reporting person's continued service with the issuer and subject to accelerated vesting under certain circumstances.