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MRC GLOBAL INC. — Director's Dealing 2023
May 6, 2023
32077_dirs_2023-05-05_0652acf9-f9a3-4c14-a71a-3d43ec5a237d.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: 2023-05-04
Reporting Person: Cornell Henry (Director, 10% Owner)
Reporting Person: Cornell Capital Special Situations Partners II LP (10% Owner)
Reporting Person: Cornell Capital GP II LP (10% Owner)
Reporting Person: Cornell Investment Partners LLC (10% Owner)
Reporting Person: Mario Investments LLC (10% Owner)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2023-05-04 | Common Stock | A | 15295 | $0.00 | Acquired | 84174 | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 10 | Indirect |
Footnotes
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").
F2: Represents shares of restricted common stock awarded to the reporting person on 05/04/2023 that will vest on 05/04/2024, 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.
F3: Mr. Cornell is the direct beneficial owner of these shares of common stock.
F4: Reflects shares held by Mr. Cornell's minor son.
F5: Each of the Reporting Persons disclaims beneficial ownership of the reported securities except to the extent of its pecuniary interest therein, if any.