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MRC GLOBAL INC. — Director's Dealing 2017
Feb 15, 2017
32077_dirs_2017-02-15_0d13b2f0-d4ba-4983-997f-7c472b578b08.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: MRC GLOBAL INC. (MRC)
CIK: 0001439095
Period of Report: 2017-02-13
Reporting Person: Braun James E (EVP and CFO)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2017-02-13 | Common Stock | A | 6850 | — | Acquired | 119202 | Direct |
| 2017-02-13 | Common Stock | A | 20079 | — | Acquired | 139281 | Direct |
Footnotes
F1: On February 13, 2017, the reporting person was awarded 6,850 Restricted Stock Units. Each Restricted Stock Unit represents a contingent right to receive one share of issuer's Common Stock, all of which vest on the third anniversary of the date of grant, conditioned on the reporting person's continued service with the issuer and subject to accelerated vesting under certain circumstances.
F2: On February 13, 2017, the reporting person received 20,079 Restricted Stock Units (the "February 2017 Annual Grant"). Each Restricted Stock Unit represents a contingent right to receive one share of issuer's Common Stock. 34% of the February 2017 Annual Grant will vest on 2/13/2018 and 33% of the February 2017 Annual Grant will vest on each of 2/13/19 and 2/13/20, each conditioned on the reporting person's continued service with the issuer and subject to accelerated vesting under certain circumstances.