SEC Form 4 · accession 0000899243-18-013412
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
May 16, 2018
Accepted (ET)
May 18, 2018 · 4:05 pm EDT
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 | May 16, 2018 | M | 113,432 | $18.10 | A | 672,342 | I | Through a Limited Partnership |
| Common StockF1 | May 16, 2018 | S | 113,432 | $20.37 | D | 558,910 | I | Through a Limited Partnership |
| Common Stock | May 17, 2018 | M | 113,432 | $18.10 | A | 672,342 | I | Through a Limited Partnership |
| Common StockF2 | May 17, 2018 | S | 113,432 | $20.60 | D | 558,910 | 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) | $18.10 | May 16, 2018 | M | 113,432 | D | Nov 13, 2013 | Nov 11, 2021 | Common Stock | 113,432 | 113,432 | I |
| Stock Option (right to buy) | $18.10 | May 17, 2018 | M | 113,432 | D | Nov 13, 2013 | Nov 11, 2021 | Common Stock | 113,432 | 0 | I |
Explanation of responses
- F1The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $20.13 to $20.51 per share, inclusive. The holder undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
- F2The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $20.39 to $20.85 per share, inclusive. The holder undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.