SEC Form 4 · accession 0000899243-19-003465
MRC GLOBAL INC. · MRC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Elton Ray Bond
Officer — SVP & CAO
Period of report
Feb 11, 2019
Accepted (ET)
Feb 13, 2019 · 5:42 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 StockF1 | Feb 11, 2019 | A | 14,377 | $0.00 | A | 70,433 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1On February 11, 2019, the reporting person received 14,377 Restricted Stock Units (the "February 2019 Annual Grant"). Each Restricted Stock Unit represents a contingent right to receive one share of issuer's Common Stock. 34% of the February 2019 Annual Grant will vest on February 11, 2020 and 33% of the February 2019 Annual Grant will vest on each of 2/11/2021 and 2/11/2022, each conditioned on the reporting person's continued service with the issuer and subject to accelerated vesting under certain circumstances.