SEC Form 4 · accession 0001127602-16-050583
MRC GLOBAL INC. · MRC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Rhys J Best
Director
Period of report
Apr 28, 2016
Accepted (ET)
May 2, 2016 · 8:05 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 StockF1 | Apr 28, 2016 | A | 12,944 | $0.00 | A | 41,196 | D | |
| Common StockF2 | holding | — | — | — | 10,930 | I | See Footnote |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Represents shares of restricted Common Stock awarded to the reporting person on 4/28/2016 that will vest on 4/28/2017, conditioned on the reporting person's continued service as a director of the issuer and subject to (a) pro-rata vesting if the reporting person's service as a director terminates prior to 4/28/2017 and (b) accelerated vesting under certain circumstances.
- F2The 10,930 shares of Common Stock reported above are owned by Mr. Best through SEREN Holdings, Ltd., a Texas limited partnership.