Filing Details

Accession Number:
0000769993-14-000332
Form Type:
4
Zero Holdings:
No
Publication Time:
2014-03-24 17:52:12
Reporting Period:
2014-03-20
Filing Date:
2014-03-24
Accepted Time:
2014-03-24 17:52:12
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
1445692 Francis John Daly C/O Goldman, Sachs &Amp; Co.
200 West Street
New York NY 10282
No 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 Acquisiton 2014-03-20 8,000 $25.83 14,088 No 4 P Indirect See footnotes
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 P 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. The 8,000 shares of common stock, par value $0.01 per share (the "Common Stock"), of MRC Global Inc. (the "Company") reported herein as indirectly purchased were beneficially owned directly by Goldman Sachs and may be deemed to have been beneficially owned indirectly by GS Group. Goldman Sachs beneficially owns directly, and GS Group may be deemed to beneficially own indirectly, 6,049 shares of Common Stock. Additionally, Goldman Sachs beneficially owns directly, and GS Group may be deemed to beneficially own indirectly 7,071 shares of Common Stock, and Goldman Sachs holds an open short position of 52 shares of Common Stock, each due to exempt transactions. Without admitting any legal obligation, Goldman Sachs or another wholly-owned subsidiary of GS Group will remit appropriate profits, if any, to the Company.
  3. Reflects a weighted average purchase price of $25.8316 per share, at prices ranging from $25.7800 to $25.8700 per share. Upon request by the staff of the Securities and Exchange Commission, the Company, or a security holder of the Company, full information regarding the number of shares sold at each separate price will be provided.
  4. GS Group may be deemed to beneficially own, in the aggregate, 968 shares of restricted stock, consisting of 484 shares of restricted stock granted to each of the Reporting Person and Christopher A.S. Crampton in their capacity as directors of the Company pursuant to the Company's 2011 Omnibus Incentive Plan. Messrs. Crampton and Daly, each a managing director of Goldman Sachs, each has an understanding with GS Group pursuant to which he holds such securities for the benefit of GS Group.
  5. On November 13, 2013, the Reporting Person resigned as a director of the Company.