Underhill James F 4
4 · MRC GLOBAL INC. · Filed May 15, 2012
Insider Transaction Report
Form 4
Underhill James F
EVP and COO - North America
Transactions
- Award
Stock Option (right to buy)
2012-05-11+21,853→ 21,853 totalExercise: $21.05Exp: 2019-12-03→ Common Stock (21,853 underlying) - Disposition to Issuer
Stock Option (right to buy)
2012-05-11−21,853→ 0 totalExercise: $22.84Exp: 2019-12-03→ Common Stock (21,853 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 December 3, 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 12/3/2012, 12/3/2013 and 12/3/2014.