MRC GLOBAL INC. 4
4 · MRC GLOBAL INC. · Filed May 2, 2016
Insider Transaction Report
Form 4
Krans Gerard Pieter
Director
Transactions
- Tax Payment
Common Stock
2016-04-29$13.98/sh−2,456$34,335→ 18,802 total - Award
Common Stock
2016-04-28+9,246→ 21,258 total
Holdings
- 1,794,387(indirect: See Footnotes)
Common Stock
Footnotes (3)
- [F1]Represents 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.
- [F2]The reporting person surrendered these shares on April 29, 2016 to satisfy tax withholding obligations resulting from the vesting of certain shares of the issuer's Common Stock.
- [F3]The shares of Common Stock reported above are owned by Mr. Krans through a limited liability company.