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4//SEC Filing

MRC GLOBAL INC. 4

Accession 0001140361-13-012468

CIK 0001439095operating
View on SEC.govCompany Profile

Filed

Mar 13, 8:00 PM ET

Accepted

Mar 14, 4:11 PM ET

Size

26.0 KB

Accession

0001140361-13-012468

Insider Transaction Report

Form 4
Period: 2013-03-12
MRC GLOBAL INC.MRC
GOLDMAN SACHS GROUP INC
10% Owner
Transactions
  • Sale

    Common Stock

    2013-03-12$26.81/sh−26,450,000$709,124,500→ 29,082,208 total(indirect: See footnotes)
GOLDMAN SACHS & CO
10% Owner
Transactions
  • Sale

    Common Stock

    2013-03-12$26.81/sh−26,450,000$709,124,500→ 29,082,208 total(indirect: See footnotes)
GSCP V ADVISORS, L.L.C.
10% Owner
Transactions
  • Sale

    Common Stock

    2013-03-12$26.81/sh−26,450,000$709,124,500→ 29,082,208 total(indirect: See footnotes)
GSCP V OFFSHORE ADVISORS, L.L.C.
10% Owner
Transactions
  • Sale

    Common Stock

    2013-03-12$26.81/sh−26,450,000$709,124,500→ 29,082,208 total(indirect: See footnotes)
GS ADVISORS V, L.L.C.
10% Owner
Transactions
  • Sale

    Common Stock

    2013-03-12$26.81/sh−26,450,000$709,124,500→ 29,082,208 total(indirect: See footnotes)
GSCP VI Advisors, L.L.C.
10% Owner
Transactions
  • Sale

    Common Stock

    2013-03-12$26.81/sh−26,450,000$709,124,500→ 29,082,208 total(indirect: See footnotes)
GOLDMAN, SACHS MANAGEMENT GP GMBH
10% Owner
Transactions
  • Sale

    Common Stock

    2013-03-12$26.81/sh−26,450,000$709,124,500→ 29,082,208 total(indirect: See footnotes)
GSCP VI Offshore Advisors, L.L.C.
10% Owner
Transactions
  • Sale

    Common Stock

    2013-03-12$26.81/sh−26,450,000$709,124,500→ 29,082,208 total(indirect: See footnotes)
GS CAPITAL PARTNERS V FUND, L.P.
10% Owner
Transactions
  • Sale

    Common Stock

    2013-03-12$26.81/sh−26,450,000$709,124,500→ 29,082,208 total(indirect: See footnotes)
GS Advisors VI, L.L.C.
10% Owner
Transactions
  • Sale

    Common Stock

    2013-03-12$26.81/sh−26,450,000$709,124,500→ 29,082,208 total(indirect: See footnotes)
Footnotes (9)
  • [F1]This statement is being filed by The Goldman Sachs Group, Inc. ("GS Group"), Goldman, Sachs & Co. ("Goldman Sachs"), GSCP V Advisors, L.L.C. ("GSCP V Advisors"), GSCP V Offshore Advisors, L.L.C. ("GSCP V Offshore Advisors"), GS Advisors V, L.L.C. ("GS Advisors V"), Goldman, Sachs Management GP GmbH ("GS GmbH"), GSCP VI Advisors, L.L.C. ("GSCP VI Advisors"), GSCP VI Offshore Advisors, L.L.C. ("GSCP VI Offshore Advisors"), GS Advisors VI, L.L.C. ("GS Advisors VI"), GS Capital Partners V Fund, L.P. ("GS Capital V"), GS Capital Partners V GmbH & Co. KG ("GS Germany V"), GS Capital Partners V Institutional, L.P. ("GS V Institutional") (continued in footnote 2),
  • [F2]GS Capital Partners V Offshore Fund, L.P. ("GS V Offshore"), GS Capital Partners VI Fund, L.P. ("GS Capital VI"), GS Capital Partners VI GmbH & Co. KG ("GS Germany VI"), GS Capital Partners VI Offshore Fund, L.P. ("GS VI Offshore"), GS Capital Partners VI Parallel, L.P. ("GS VI Parallel" and, together with GS Capital V, GS Germany V, GS V Institutional, GS V Offshore, GS Capital VI, GS Germany VI and GS VI Offshore, the "Funds") and PVF Holdings LLC ("PVF") (GS Group, Goldman Sachs, GSCP V Advisors, GSCP V Offshore Advisors, GS Advisors V, GS GmbH, GSCP VI Advisors, GSCP VI Offshore Advisors, GS Advisors VI, the Funds and PVF, collectively, the "Reporting Persons").
  • [F3]Due to the electronic system's limitation of 10 Reporting Persons per joint filing, this statement is being filed in duplicate.
  • [F4]Pursuant to an underwriting agreement, dated March 6, 2013 (the "Underwriting Agreement"), and in connection with the registered public offering (the "Offering") of shares of common stock, par value $0.01 per share (the "Common Stock"), of MRC Global Inc. (the "Company"), pursuant to the prospectus supplement to the prospectus filed by the Company on March 8, 2013 (the "Prospectus Supplement"), which offering was consummated on March 12, 2013, PVF sold 26,450,000 shares of Common Stock. Pursuant to the Prospectus Supplement, the public offering price in the Offering of Common Stock by the Company was $28.00 per share of Common Stock and the underwriting discount was $1.19 per share of Common Stock. Accordingly, the Reporting Persons sold an aggregate of 26,450,000 shares of Common Stock and received a price per share of $26.81 (which is net of underwriting discounts and commissions) for an aggregate amount of $709,124,500.00.
  • [F5]The 29,082,208 shares of Common Stock of the Company reported herein are beneficially owned directly by PVF. The Funds are members of PVF and own common units of PVF. At this time, the Funds' common units of PVF correspond to 17,721,786 shares of Common Stock. The common units of PVF that correspond to the balance of Common Stock owned directly by PVF are held by former shareholders of the Company's predecessor companies, including McJunkin Corporation, Red Man Pipe & Supply Co., and Transmark Fcx Group B.V., as well as certain employees, officers and directors of the Company.
  • [F6]Goldman Sachs and GS Group may be deemed to beneficially own indirectly, in the aggregate, all of the Common Stock owned directly by PVF through the Funds because (i) affiliates of Goldman Sachs and GS Group are the general partner, managing general partner, managing partner, managing member or member of the Funds and (ii) the Funds control PVF and have the power to vote or dispose of the Common Stock owned by PVF. Goldman Sachs is a wholly-owned subsidiary of GS Group. Goldman Sachs is the investment manager of certain of the Funds. Goldman Sachs holds an open short position of 48 shares of Common Stock, due to an exempt transaction.
  • [F7]GS Capital V and its general partner, GSCP V Advisors, may be deemed to beneficially own indirectly 4,988,355 shares of Common Stock. GS V Offshore and its general partner, GSCP V Offshore Advisors, may be deemed to beneficially own indirectly 2,576,775 shares of Common Stock. GS V Institutional and its general partner, GS Advisors V, may be deemed to beneficially own indirectly 1,710,575 shares of Common Stock. GS Germany V and its general partner, GS GmbH, may be deemed to beneficially own indirectly 197,771 shares of Common Stock. GS Capital VI and its general partner, GSCP VI Advisors, may be deemed to beneficially own indirectly 3,850,235 shares of Common Stock (continued in footnote 8).
  • [F8]GS VI Offshore and its general partner, GSCP VI Offshore Advisors, may be deemed to beneficially own indirectly 3,202,489 shares of Common Stock. GS VI Parallel and its general partner, GS Advisors VI, may be deemed to beneficially own indirectly 1,058,749 shares of Common Stock. GS Germany VI and its general partner, GS GmbH, may be deemed to beneficially own indirectly 136,837 shares of Common Stock.
  • [F9]The Reporting Persons disclaim beneficial ownership of all shares of Common Stock in excess of their pecuniary interest, if any, and this report shall not be deemed an admission that any such person or entity is the beneficial owner of, or has any pecuniary interest in, such securities for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or for any other purpose.

Documents

1 file

Issuer

MRC GLOBAL INC.

CIK 0001439095

→
Entity typeoperating
IncorporatedDE

Related Parties

1
  • filerCIK 0001439095

Filing Metadata

Form type
4
Filed
Mar 13, 8:00 PM ET
Accepted
Mar 14, 4:11 PM ET
Size
26.0 KB
View on SEC.gov