SEC FORM 3 SEC Form 3
FORM 3 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

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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1. Name and Address of Reporting Person*
O'Neal Malcolm

(Last) (First) (Middle)
1301 MCKINNEY STREET, SUITE 2300

(Street)
HOUSTON 77010

(City) (State) (Zip)
2. Date of Event Requiring Statement (Month/Day/Year)
08/16/2021
3. Issuer Name and Ticker or Trading Symbol
MRC GLOBAL INC. [ MRC ]
4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
SVP - Human Resources
5. If Amendment, Date of Original Filed (Month/Day/Year)
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 Beneficially Owned
1. Title of Security (Instr. 4) 2. Amount of Securities Beneficially Owned (Instr. 4) 3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 4. Nature of Indirect Beneficial Ownership (Instr. 5)
Common Stock 27,770(1) D
Table II - Derivative Securities Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4) 2. Date Exercisable and Expiration Date (Month/Day/Year) 3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) 4. Conversion or Exercise Price of Derivative Security 5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 6. Nature of Indirect Beneficial Ownership (Instr. 5)
Date Exercisable Expiration Date Title Amount or Number of Shares
Explanation of Responses:
1. This number reflects 27,770 unvested Restricted Stock Units ("RSUs"). Each RSU represents a contingent right to receive one share of the issuer's Common Stock. On November 16, 2020, the reporting person received 15,500 RSUs (the "2020 Grant"). 34% of the 2020 Grant will vest on November 16, 2021, and 33% of the 2020 Grant will vest on each of November 16, 2022 and November 16, 2023, each conditioned on the reporting person's continued service with the issuer and subject to accelerated vesting under certain circumstances. On February 8, 2021, the reporting person received 12,270 RSUs (the "2021 Grant"). 34% of the 2021 Grant will vest on February 8, 2022, and 33% of the 2021 Grant will vest on each of February 8, 2023 and February 8, 2024, each conditioned on the reporting person's continued service with the issuer and subject to accelerated vesting under certain circumstances.
Remarks:
Exhibit 24 - Power of Attorney
Ann D. Garnett, by power of attorney 08/23/2021
** 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 5 (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.
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                           LIMITED POWER OF ATTORNEY

        The undersigned, being an officer of MRC Global Inc. (the
"Corporation"), who will 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 Ann D. Garnett, or
such attorney's-in-fact 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 3, 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 3, 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's-in-fact 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's-
in-fact 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 3, 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 August 16, 2021, and
any previous power of attorney issued by the undersigned for the purpose of
executing and filing Forms 3, 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/ Malcolm O'Neal
                                        ------------------------------------
                                        Malcolm O'Neal