SEC Form 4 · accession 0000899243-18-001240
MRC GLOBAL INC. · MRC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Andrew R Lane
Officer — President & CEO · Director
Period of report
Jan 12, 2018
Accepted (ET)
Jan 17, 2018 · 8:00 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001439095
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Jan 12, 2018 | M | 180,621 | $18.10 | A | 928,787 | I | Through a Limited Partnership |
| Common StockF1 | Jan 12, 2018 | S | 180,621 | $19.00 | D | 748,166 | I | Through a Limited Partnership |
| Common Stock | Jan 16, 2018 | M | 112,533 | $18.10 | A | 860,699 | I | Through a Limited Partnership |
| Common StockF1 | Jan 16, 2018 | S | 112,533 | $19.00 | D | 748,166 | I | Through a Limited Partnership |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Option (right to buy)F2 | $18.10 | Jan 12, 2018 | M | 180,621 | D | — | Sep 10, 2018 | Common Stock | 180,621 | 698,843 | I |
| Stock Option (right to buy)F2 | $18.10 | Jan 16, 2018 | M | 112,533 | D | — | Sep 10, 2018 | Common Stock | 112,533 | 586,310 | I |
Explanation of responses
- F1The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on December 7, 2017 for the purpose of addressing options that would expire in 2018.
- F2The option vested in equal parts on September 10, 2010, 2011, 2012, and 2013.