Henry Cornell - 07 May 2024 Form 4 Insider Report for MRC GLOBAL INC. (MRC)

Source evidence Original filing metadata and source links for verification. 4 source fields
SEC form
4
Accepted by SEC
09 May 2024, 16:05:44 UTC
Prior SEC filing
05 May 2023
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Henry Cornell

Key filing fact

Henry Cornell filed Form 4 for MRC GLOBAL INC. (MRC) on 09 May 2024.

Key facts

  • This page summarizes Henry Cornell's Form 4 filing for MRC GLOBAL INC. (MRC).
  • 1 reported transaction and 0 derivative rows are listed below.
  • Accepted by SEC: 09 May 2024, 16:05.

Change

  • Previous filing in this sequence was filed on 05 May 2023.
  • Current net transaction value: $0.

Research use

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

MRC transaction

Common Stock

Award

Transaction value
$0
Shares
+12,196
Change %
+14%
Price
$0.000000
Shares after
96,370
Date
07 May 2024
Ownership
Direct
Footnotes
F1, F2, F3, F5
MRC holding

Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
10
Date
07 May 2024
Ownership
See footnote
Footnotes
F1, F4, F5
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 5 footnotes

Footnote F1

This statement is being filed jointly by Henry Cornell ("Mr. Cornell"), Cornell Capital Special Situations Partners II LP ("Cornell Special Situations II"), Cornell Capital GP II LP ("Cornell GP II"), Cornell Investment Partners LLC ("Cornell Investment Partners") and Mario Investments LLC ("Mario" and, together with Mr. Cornell, Cornell Special Situations II, Cornell GP II and Cornell Investment Partners, the "Reporting Persons"). Mr. Cornell is the sole member of Cornell Investment Partners, which is the general partner of Cornell GP II, which is the general partner of Cornell Special Situations II, which is the sole member of Mario. In addition, on June 10, 2018, Mr. Cornell was appointed to the Board of Directors of the Issuer (the "Board").

Footnote F2

Represents shares of restricted common stock awarded to the reporting person on 05/07/2024 that will vest on 05/07/2025, conditioned on the reporting person's continued service as a director of the issuer through the earlier of that date and the end of the director's term and subject to (a) pro-rata vesting if the reporting person's service as a director terminates prior to the end of the director's term and (b) accelerated vesting under certain circumstances.

Footnote F3

Mr. Cornell is the direct beneficial owner of these shares of common stock.

Footnote F4

Reflects shares held by Mr. Cornell's minor son.

Footnote F5

Each of the Reporting Persons disclaims beneficial ownership of the reported securities except to the extent of its pecuniary interest therein, if any.

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