<SEC-DOCUMENT>0001193125-25-271907.txt : 20251107
<SEC-HEADER>0001193125-25-271907.hdr.sgml : 20251107
<ACCEPTANCE-DATETIME>20251107140538
ACCESSION NUMBER:		0001193125-25-271907
CONFORMED SUBMISSION TYPE:	4
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20251106
FILED AS OF DATE:		20251107
DATE AS OF CHANGE:		20251107

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			Saltiel Robert J.
		CENTRAL INDEX KEY:			0001434402
		ORGANIZATION NAME:           	

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-35479
		FILM NUMBER:		251461905

	MAIL ADDRESS:	
		STREET 1:		4 GREENWAY PLAZA
		CITY:			HOUSTON
		STATE:			TX
		ZIP:			77046

ISSUER:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			MRC GLOBAL INC.
		CENTRAL INDEX KEY:			0001439095
		STANDARD INDUSTRIAL CLASSIFICATION:	WHOLESALE-INDUSTRIAL MACHINERY & EQUIPMENT [5084]
		ORGANIZATION NAME:           	07 Trade & Services
		EIN:				205956993
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	BUSINESS ADDRESS:	
		STREET 1:		FULBRIGHT TOWER
		STREET 2:		1301 MCKINNEY STREET, SUITE 2300
		CITY:			HOUSTON
		STATE:			TX
		ZIP:			77010
		BUSINESS PHONE:		877.294.7574

	MAIL ADDRESS:	
		STREET 1:		FULBRIGHT TOWER
		STREET 2:		1301 MCKINNEY STREET, SUITE 2300
		CITY:			HOUSTON
		STATE:			TX
		ZIP:			77010

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	MCJUNKIN RED MAN HOLDING CORP
		DATE OF NAME CHANGE:	20080702
</SEC-HEADER>
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    <footnotes>
        <footnote id="F1">On November 6, 2025, pursuant to the Agreement and Plan of Merger (the &quot;Merger Agreement&quot;), dated June 26, 2025, by and among MRC Global Inc. (the &quot;Issuer&quot;), DNOW Inc. (&quot;DNOW&quot;), Buck Merger Sub, Inc. (&quot;Merger Sub&quot;) and Stag Merger Sub, LLC (&quot;LLC Sub&quot;), Merger Sub merged with and into the Issuer (the &quot;First Merger&quot;), with the Issuer continuing as the surviving corporation in the First Merger (the time the First Merger becomes effective, the &quot;Effective Time&quot;) and immediately following the First Merger, the Issuer merged with and into LLC Sub (the &quot;Second Merger&quot; and, together with the First Merger, the &quot;Merger&quot;), with LLC Sub continuing as the surviving company. Pursuant to the Merger Agreement, at the Effective Time, each outstanding performance share unit of the Issuer (&quot;Company PSU&quot;) that was issued under the stock incentive plans of the Issuer that vests based on the achievement of performance metrics that was granted prior to February 2024 was canceled,</footnote>
        <footnote id="F2">(Continued from footnote 1) and the holder of such Company PSU became entitled to receive, in full satisfaction of the rights of such holder with respect thereto, the number of shares of the Issuer's common stock (&quot;Company Common Stock&quot;) (rounded to the nearest share) subject to the Company PSU. Each such share of Company Common Stock was converted into the right to receive (i) 0.9489 shares of DNOW common stock per share of Company Common Stock, net any withholding taxes, and (ii) an amount in cash equal to the accrued but unpaid dividend equivalents. The number of shares of Company Common Stock subject to such Company PSU was deemed to be the number of shares subject to the Company PSU with performance deemed achieved.</footnote>
        <footnote id="F3">Pursuant to the Merger Agreement, at the Effective Time, each outstanding restricted stock unit of the Issuer issued under the stock incentive plans of the Issuer that vests solely based on the holders continue employment or services (&quot;Company RSU&quot;) that was granted in February 2024 or later was canceled and converted into an award of restricted stock units of DNOW common stock. As a result of the Merger, the reporting person disposed of all previously reported Company RSUs that were granted in February 2024 or later.</footnote>
        <footnote id="F4">Pursuant to the Merger Agreement, at the Effective Time, each outstanding Company RSU that was granted prior to February 2024 became fully vested. Each share of the Company Common Stock subject to such Company RSU was converted into the right to receive (i) 0.9489 shares of DNOW common stock per share of Company Common Stock, net any withholding taxes, and (ii) an amount in cash equal to the accrued but unpaid dividend equivalents. As a result of the Merger, the reporting person disposed of all previously reported Company RSUs that were granted prior to February 2024.  Pursuant to the Merger, each outstanding share of Company Common Stock was converted into the right to receive 0.9489 shares of common stock of DNOW. As a result of the Merger, the reporting person disposed of all shares of Company Common Stock previously reported.</footnote>
        <footnote id="F5">Pursuant to the Merger Agreement, at the Effective Time, each outstanding Company PSU that was issued under the stock incentive plans of the Issuer that vests based on the achievement of performance metrics that was granted in February 2024 or later was canceled and converted into an award of restricted stock units in respect of that number of shares of DNOW common stock (rounded to the nearest whole share) equal to the product of (1) the total number of shares of Company Common Stock subject to such Company PSU immediately prior to the Effective Time multiplied by (2) the right to receive 0.9489 shares of common stock of DNOW. The number of shares of Company Common Stock subject to such Company PSU was deemed to be the number of shares subject to the Company PSU with performance deemed achieved.</footnote>
    </footnotes>

    <ownerSignature>
        <signatureName>/s/ Ann D. Garnett, by power of attorney</signatureName>
        <signatureDate>2025-11-07</signatureDate>
    </ownerSignature>
</ownershipDocument>
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</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
