Daniel J. Churay - Feb 7, 2024 Form 4 Insider Report for MRC GLOBAL INC. (MRC)

Role
EVP - Corp Affrs, GC, & Corp Sec.
Signature
/s/ Ann D. Garnett, by power of attorney
Stock symbol
MRC
Transactions as of
Feb 7, 2024
Transactions value $
-$58,894
Form type
4
Date filed
2/9/2024, 08:27 PM
Previous filing
Feb 8, 2024
Next filing
Feb 12, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MRC Common Stock Tax liability -$58.9K -5.59K -3.34% $10.53 162K Feb 7, 2024 Direct F1
transaction MRC Common Stock Award $0 +38.9K +24.1% $0.00 201K Feb 7, 2024 Direct F2
holding MRC Common Stock 550 Feb 7, 2024 By IRA
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The reporting person surrendered these shares to satisfy tax withholding obligations resulting from the vesting of certain Restricted Stock of the issuer.
F2 On February 7, 2024, the reporting person received 38,943 Restricted Stock Units (the "February 2024 Grant"). Each Restricted Stock Unit represents a contingent right to receive one share of the issuer's Common Stock. 34% of the February 2024 Grant will vest on February 7, 2025 and 33% of the February 2024 Grant will vest on each of February 7, 2026 and February 7, 2027, each conditioned on the reporting person's continued service with the issuer and subject to accelerated vesting under certain circumstances.

Remarks:

EVP - Corp Affrs, GC, & Corp Sec.