Statement of Changes in Beneficial Ownership (4)
February 09 2022 - 6:40PM
Edgar (US Regulatory)
FORM 4
[ ]
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
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3235-0287
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Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person
*
Bates Grant R |
2. Issuer Name and Ticker or Trading Symbol
MRC GLOBAL INC.
[
MRC
]
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5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner __X__ Officer (give title below) _____ Other (specify below) See Remarks |
(Last)
(First)
(Middle)
1301 MCKINNEY ST., SUITE 2300 |
3. Date of Earliest Transaction
(MM/DD/YYYY)
2/7/2022 |
(Street)
HOUSTON, TX 77010
(City)
(State)
(Zip)
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4. If Amendment, Date Original Filed
(MM/DD/YYYY)
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6. Individual or Joint/Group Filing
(Check Applicable Line)
_X
_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person
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Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
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1.Title of Security (Instr. 3)
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2. Trans. Date
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2A. Deemed Execution Date, if any
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3. Trans. Code (Instr. 8)
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4. Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)
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5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)
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6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)
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7. Nature of Indirect Beneficial Ownership (Instr. 4)
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Code
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V
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Amount
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(A) or (D)
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Price
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Common Stock | 2/7/2022 | | A | | 27857 (1) | A | $0.00 | 134225 | D | |
Common Stock | 2/7/2022 | | A | | 2038 (2) | A | $0.00 | 6816 | I | By Spouse |
Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
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1. Title of Derivate Security (Instr. 3) | 2. Conversion or Exercise Price of Derivative Security | 3. Trans. Date | 3A. Deemed Execution Date, if any | 4. Trans. Code (Instr. 8) | 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) | 6. Date Exercisable and Expiration Date | 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) | 8. Price of Derivative Security (Instr. 5) | 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) | 10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) | 11. Nature of Indirect Beneficial Ownership (Instr. 4) |
Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares |
Explanation of Responses: |
(1) | On February 7, 2022, the reporting person received 27,857 Restricted Stock Units (the "February 2022 Grant"). Each Restricted Stock Unit represents a contingent right to receive one share of the issuer's Common Stock. 34% of the February 2022 Grant will vest on February 7, 2023 and 33% of the February 2022 Grant will vest on each of February 7, 2024 and February 7, 2025, each conditioned on the reporting person's continued service with the issuer and subject to accelerated vesting under certain circumstances. |
(2) | On February 7, 2022, the reporting person's spouse received 2,038 Restricted Stock Units (the "February 2022 Grant"). Each Restricted Stock Unit represents a contingent right to receive one share of the issuer's Common Stock. 34% of the February 2022 Grant will vest on February 7, 2023 and 33% of the February 2022 Grant will vest on each of February 7, 2024 and February 7, 2025, each conditioned on the reporting person's spouse's continued service with the issuer and subject to accelerated vesting under certain circumstances. |
Remarks: SVP - North America Operations & E-Commerce |
Reporting Owners
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Reporting Owner Name / Address | Relationships |
Director | 10% Owner | Officer | Other |
Bates Grant R 1301 MCKINNEY ST., SUITE 2300 HOUSTON, TX 77010 |
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| See Remarks |
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Signatures
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/s/ Ann D. Garnett, by power of attorney | | 2/9/2022 |
**Signature of Reporting Person | Date |
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