Filing Details

Accession Number:
0001140361-13-012471
Form Type:
4
Zero Holdings:
No
Publication Time:
2013-03-14 17:12:58
Reporting Period:
2013-03-12
Filing Date:
2013-03-14
Accepted Time:
2013-03-14 16:12:58
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1439095 Mrc Global Inc. MRC Wholesale-Industrial Machinery & Equipment (5084) 205956993
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1309336 Henry Cornell C/O Goldman, Sachs &Amp; Co.
200 West Street
New York NY 10282
Yes No No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock Disposition 2013-03-12 26,450,000 $26.81 29,082,208 No 4 S Indirect See footnotes
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 S Indirect See footnotes
Footnotes
  1. The Reporting Person is a managing director of Goldman, Sachs & Co. ("Goldman Sachs"). Goldman Sachs is a wholly-owned subsidiary of The Goldman Sachs Group, Inc. ("GS Group"). The Reporting Person disclaims beneficial ownership of the securities reported herein except to the extent of his pecuniary interest therein, if any, and this report shall not be deemed an admission that the Reporting Person 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.
  2. 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 Holdings LLC ("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, PVF 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.
  3. The 29,082,208 shares of Common Stock of the Company reported herein are beneficially owned directly by PVF. Goldman Sachs and GS Group may be deemed to beneficially own indirectly, in the aggregate, the Common Stock owned by PVF through certain investment partnerships (the "Funds") that are members of and own common units of PVF 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 holds an open short position of 48 shares of Common Stock, due to an exempt transaction.