MRC GLOBAL INC. 4
4 · MRC GLOBAL INC. · Filed Feb 15, 2017
Insider Transaction Report
Form 4
Aasland Steinar
SVP? Intl Opererations
Transactions
- Award
Common Stock
2017-02-13+15,000→ 46,368 total - Award
Common Stock
2017-02-13+7,729→ 54,097 total
Footnotes (2)
- [F1]On February 13, 2017, the reporting person was awarded 15,000 Restricted Stock Units. Each Restricted Stock Unit represents a contingent right to receive one share of issuer's Common Stock, all of which vest on the third anniversary of the date of grant, conditioned on the reporting person's continued service with the issuer and subject to accelerated vesting under certain circumstances.
- [F2]On February 13, 2017, the reporting person received 7,729 Restricted Stock Units (the "February 2017 Annual Grant"). Each Restricted Stock Unit represents a contingent right to receive one share of issuer's Common Stock. 34% of the February 2017 Annual Grant will vest on 2/13/2018 and 33% of the February 2017 Annual Grant will vest on each of 2/13/19 and 2/13/20, each conditioned on the reporting person's continued service with the issuer and subject to accelerated vesting under certain circumstances.