SEC FORM 4/A SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
 
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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
1. Name and Address of Reporting Person*
Cornell Henry

(Last) (First) (Middle)
2 HOUSTON CENTER
909 FANNIN, SUITE 3100

(Street)
HOUSTON TX 77010

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
MRC GLOBAL INC. [ MRC ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
Officer (give title below) Other (specify below)
3. Date of Earliest Transaction (Month/Day/Year)
08/07/2013
4. If Amendment, Date of Original Filed (Month/Day/Year)
08/09/2013
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock(1) 08/07/2013 A 1,246(2) A $0 1,246(3) D
Common Stock 08/07/2013 G(4) V 1,246(2) D $0 0 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Stock Options (Right to Buy) $24.07 08/07/2013 A 9,415 08/07/2014(5) 08/07/2023 Common Stock 9,415 $0 9,415(3) D
Stock Options (Right to Buy) $24.07 08/07/2013 G(4) V 9,415 08/07/2014(5) 08/07/2023 Common Stock 9,415 $0 0 D
Explanation of Responses:
1. This amended Form 4 is being filed to reflect the deletion of the third transaction shown under each of Table I and Table II on the Reporting Person's original Form 4 filed on August 9, 2013, which transactions incorrectly reported the indirect acquisition and holding by the Reporting Person of a number of shares of restricted Common Stock and options, respectively. The transactions reflected on this amended Form 4 are not new transactions, but are included to allow access to the reporting system and include all of the transactions that should have been reported on the original Form 4.
2. All of the shares of restricted Common Stock reported above will become exercisable on 8/7/2014, conditioned on the Reporting Person's continued service with the issuer and subject to accelerated vesting under certain circumstances.
3. The Reporting Person resigned from Goldman, Sachs & Co. ("Goldman Sachs") effective 5/17/2013. Accordingly, the Reporting Person's Form 4 and other Section 16 filings no longer report beneficial ownership of shares or options held by affiliates of The Goldman Sachs Group, Inc. ("GS Group"), including options to purchase 11,986 shares of common stock, which were held by the Reporting Person for the benefit of GS Group as previously reported, as the Reporting Person no longer may be deemed to beneficially own or have any pecuniary interest in any of such shares or options.
4. The Reporting Person transferred this security as a gift to The Cornell Family Foundation, a charitable foundation. The Reporting Person has no pecuniary interest in any of the securities held by the foundation.
5. All of the options reported above will become exercisable on 8/7/2014, conditioned on the Reporting Person's continued service with the issuer and subject to accelerated vesting under certain circumstances.
/s/ Jeffrey P. Bennett, Attorney-in-fact 05/01/2014
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
LIMITED POWER OF ATTORNEY

The undersigned, each being a director of MRC Global Inc.
(the ?Corporation?), who will thereby be subject to the
reporting obligations of Section 16 of the Securities
Exchange Act of 1934, as amended (the ?Act?), with respect
to securities of the Corporation, hereby constitutes and
appoints, with full power of substitution or revocation,
each of Daniel J. Churay and Jeffrey P. Bennett, or such
attorney-in-fact?s substitute or substitutes, as the
undersigned?s true and lawful attorneys-in-fact and agents
to execute and file for and on behalf of the undersigned Forms
4 and 5 with the Securities and Exchange Commission (the ?SEC?),
and to perform all acts necessary in order to execute and file
such Forms 4 and 5, as he or she, as applicable, shall deem
appropriate. The undersigned hereby ratifies and confirms all
that said attorneys-in-fact and agents, or such attorney-in-fact?s
substitute or substitutes, shall do or cause to be done by virtue
hereof.

The undersigned acknowledges that the foregoing attorneys-in-fact,
in serving in such capacity at the request of the undersigned, or
such attorney-in-fact?s substitute or substitutes, are not assuming,
nor is the Corporation assuming, any of the undersigned?s responsibilities
to comply with Section 16 of the Act.  This Limited Power of Attorney
shall remain in full force and effect until the undersigned is no longer
required to file Forms 4 and 5 with respect to the undersigned?s holdings
of and transactions in securities issued by the Corporation, unless
earlier revoked by the undersigned in a signed writing delivered to the
foregoing attorneys-in-fact.

This Limited Power of Attorney is effective as of April 28, 2014, and
any previous power of attorney issued by the undersigned for the purpose
of executing and filing Forms 4 and 5 with the SEC with respect to holdings
of and transactions in securities issued by the Corporation is hereby
revoked (without affecting the effectiveness of any such power of
attorney prior to the date hereof).


/s/ Leonard M. Anthony				/s/ Rhys J. Best
Leonard M. Anthony				Rhys J. Best


/s/ Peter C. Boylan, III			/s/ Henry Cornell
Peter C. Boylan, III				Henry Cornell


/s/ Craig Ketchum				/s/ Gerard P. Krans
Craig Ketchum					Gerard P. Krans


/s/ Dr. Cornelis A. Linse			/s/ John A. Perkins
Dr. Cornelis A. Linse				John A. Perkins


/s/ H.B. Wehrle, III
H.B. Wehrle, III