SEC Form 4 · accession 0001127602-15-007166
MRC GLOBAL INC. · MRC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Andrew R Lane
Officer — Chairman, President and CEO · Director
Period of report
Feb 17, 2015
Accepted (ET)
Feb 19, 2015 · 4:56 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 17, 2015 | A | 80,249 | $0.00 | A | 80,249 | D | |
| Common StockF1 | Feb 17, 2015 | G | 80,249 | $0.00 | D | 0 | D | |
| Common StockF1 | Feb 17, 2015 | G | 80,249 | $0.00 | A | 314,423 | I | Through A Limited Partnership |
| Common StockF3 | Feb 18, 2015 | F | 2,433 | $13.39 | D | 311,990 | I | Through A Limited Partnership |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F134% of the shares of restricted Common Stock reported above will vest on 2/17/2016, 33% of the shares of restricted Common Stock reported above will vest on 2/17/2017, and 33% of the shares of restricted Common Stock reported above will vest on 2/17/2018, each conditioned on the reporting person's continued service with the issuer and subject to accelerated vesting under certain circumstances.
- F2The reporting person transferred the restricted Common Stock as a gift to a family limited partnership.
- F3The reporting person surrendered these shares on February 18, 2015 to satisfy tax withholding obligations resulting from the vesting of certain shares of the issuer's Common Stock.