Wagstaff Neil Philip 4
4 · MRC GLOBAL INC. · Filed May 10, 2012
Insider Transaction Report
Form 4
Wagstaff Neil Philip
EVP - International Operations
Transactions
- Disposition to Issuer
Stock Option (right to buy)
2012-05-08−43,706→ 0 totalExercise: $22.88Exp: 2019-10-30→ Common Stock (43,706 underlying) - Award
Stock Option (right to buy)
2012-05-08+43,706→ 43,706 totalExercise: $21.05Exp: 2019-10-30→ Common Stock (43,706 underlying)
Footnotes (1)
- [F1]The two transactions reported involve the amendment of an outstanding option to reduce the exercise price, resulting in the deemed cancellation of such option and the grant of a replacement option. The option was originally granted on October 30, 2009. Other than the exercise price, all terms and conditions of the option remain unchanged. 33 1/3% of the option will become exercisable on each of 10/30/2012, 10/30/2013 and 10/30/2014.