Witt Karl 4
4 · MRC GLOBAL INC. · Filed Feb 10, 2021
Insider Transaction Report
Form 4
Witt Karl
SVP Operations East/Gulf Coast
Transactions
- Award
Common Stock
2021-02-08+23,006→ 119,561 total - Award
Common Stock
2021-02-08+5,286→ 124,847 total - Tax Payment
Common Stock
2021-02-08$9.32/sh−2,255$21,017→ 122,592 total
Footnotes (3)
- [F1]On February 8, 2021, the reporting person received 23,006 Restricted Stock Units (the "February 2021 Annual Grant"). Each Restricted Stock Unit represents a contingent right to receive one share of the issuer's Common Stock. 34% of the February 2021 Annual Grant will vest on February 8, 2022 and 33% of the February 2021 Annual Grant will vest on each of February 8, 2023 and February 8, 2024, each conditioned on the reporting person's continued service with the issuer and subject to accelerated vesting under certain circumstances.
- [F2]The reporting person acquired these shares upon the settlement of certain Performance Share Units of the issuer.
- [F3]The reporting person surrendered these shares to satisfy tax withholding obligations resulting from the settlement of certain Performance Share Units of the issuer.