Stephen B. Smith - Feb 7, 2024 Form 4 Insider Report for MRC GLOBAL INC. (MRC)

Role: SVP - International
Signature: /s/ Ann D. Garnett, by power of attorney
Stock symbol: MRC
Transactions as of: Feb 7, 2024
Transactions value $: -$17,817
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	-$17.8K	-1.69K	-3.83%	$10.53	42.5K	Feb 7, 2024	Direct	F1
transaction	MRC	Common Stock	Award	$0	+11.1K	+26.16%	$0.00	53.6K	Feb 7, 2024	Direct	F2

* 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 11,115 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.

Content

The reporting person surrendered these shares to satisfy tax withholding obligations resulting from the vesting of certain Restricted Stock of the issuer.

On February 7, 2024, the reporting person received 11,115 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.