Moss Tod 4
4 · MRC GLOBAL INC. · Filed Feb 14, 2018
Insider Transaction Report
Form 4
Moss Tod
SVP Operations West US/Canada
Transactions
- Award
Common Stock
2018-02-12+9,045→ 73,120 total - Tax Payment
Common Stock
2018-02-13$16.35/sh−1,328$21,713→ 71,792 total
Footnotes (2)
- [F1]On February 12, 2018, the reporting person received 9,045 Restricted Stock Units (the "February 2018 Annual Grant"). Each Restricted Stock Unit represents a contingent right to receive one share of issuer's Common Stock. 34% of the February 2018 Annual Grant will vest on 2/12/2019 and 33% of the February 2018 Annual Grant will vest on each of 2/12/20 and 2/12/21, each conditioned on the reporting person's continued service with the issuer and subject to accelerated vesting under certain circumstances.
- [F2]The reporting person surrendered these shares to satisfy tax withholding obligations resulting from the vesting of certain Restricted Stock Units of the issuer's Common Stock.