Close

Form SC 13G MRC GLOBAL INC. Filed by: Select Equity Group, L.P.

November 10, 2014 4:39 PM EST


SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549



SCHEDULE 13G

Under the Securities Exchange Act of 1934

(Amendment No. )*




MRC Global Inc.

(Name of Issuer)


Common Stock

(Title of Class of Securities)



55345K103

(CUSIP Number)



October 31, 2014

(Date of Event Which Requires Filing of This Statement)




Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

[X]������������Rule 13d-1(b)
[�� ]������������Rule 13d-1(c)
[�� ]������������Rule 13d-1(d)


*The remainder of this cover page shall be filled out for a reporting persons initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page.

The information required on the remainder of this cover page shall not be deemed to be filed for the purpose of Section 18 of the Securities Exchange Act of 1934 (Act) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).



1

CUSIP No. 55345K103
SCHEDULE 13G
Page 2 of�6 Pages

1
NAMES OF REPORTING PERSONS
Select Equity Group, L.P.
2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) o
(b) o
3
SEC USE ONLY
4
CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON
WITH
5
SOLE VOTING POWER
0
6
SHARED VOTING POWER
10,976,102
7
SOLE DISPOSITIVE POWER
0
8
SHARED DISPOSITIVE POWER
10,976,102
9
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH PERSON
10,976,102
10
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
o
11
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
10.8%
12
TYPE OF REPORTING PERSON
IA
2

CUSIP No. 55345K103
SCHEDULE 13G
Page�3 of�6 Pages

1
NAMES OF REPORTING PERSONS
George S. Loening
2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) o
(b) o
3
SEC USE ONLY
4
CITIZENSHIP OR PLACE OF ORGANIZATION
USA
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON
WITH
5
SOLE VOTING POWER
0
6
SHARED VOTING POWER
10,976,102
7
SOLE DISPOSITIVE POWER
0
8
SHARED DISPOSITIVE POWER
10,976,102
9
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH PERSON
10,976,102
10
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
o
11
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
10.8%
12
TYPE OF REPORTING PERSON
IN
3

Item 1(a)
Name of Issuer:
MRC Global Inc.
Item 1(b)
Address of Issuers Principal Executive Offices:
2 Houston Center, 909 Fannin, Suite 3100
Houston, Texas 77010
Items 2(a)
Name of Person Filing:
This Schedule 13G is being filed jointly by Select Equity Group, L.P., a Delaware limited partnership (Select LP) and George S. Loening (Loening), who is the majority owner of Select LP and managing member of its general partner.� Select LP and Loening are sometimes jointly referred to herein as the Select Reporting Persons.
Item 2(b)
Address of Principal Business Office:
The business address of each of the Select Reporting Persons is:
380 Lafayette Street, 6th Floor
New York, New York 10003
Item 2(c)
Citizenship:
George S. Loening is a United States citizen.
Item 2(d)
Title of Class of Securities:
Common Stock
Item 2(e)
CUSIP Number:
55345K103
Item 3
If this statement is filed pursuant to Rules 13d-1(b), or 13d-2(b) or (c), check whether the person filing is:
(a)
[ � ]
Broker or dealer registered under Section 15 of the Act;
(b)
[ � ]
Bank as defined in Section 3(a)(6) of the Act;
(c)
[� �]
Insurance company as defined in Section 3(a)(19) of the Act;
(d)
[� �]
Investment company registered under Section 8 of the Investment Company Act of 1940;
(e)
[X]
An investment adviser in accordance with Rule 13d-1(b)(1)(ii)(E);
(f)
[� �]
An employee benefit plan or endowment fund in accordance with Rule 13d-1(b)(1)(ii)(F);
(g)
[X]
A parent holding company or control person in accordance with Rule 13d-1(b)(1)(ii)(G);
(h)
[� �]
A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)
[� �]
A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940;
(j)
[ � ]
A non-U.S. institution in accordance with Rule 240.13d-1(b)(1)(ii)(J);
(k)
[� �]
Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
4

Item 4
Ownership:
The information required by Items 4(a)-(c) is set forth in Rows 5-11 of the cover page hereto for each Select Reporting Person and is incorporated herein by reference for each such Select Reporting Person.
Item 5
Ownership of Five Percent or Less of a Class:
If this statement is being filed to report the fact that as of the date hereof a reporting person has ceased to be the beneficial owner of more than 5 percent of the class of securities, check the following [� ].
Item 6
Ownership of More than Five Percent on Behalf of Another Person:
N/A
Item 7
Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on By the Parent Holding Company:
N/A
Item 8
Identification and Classification of Members of the Group:
N/A
Item 9
Notice of Dissolution of Group:
N/A
Item 10
Certification:
����By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect.
5

SIGNATURES
After reasonable inquiry and to the best of my knowledge and belief, the undersigned certify that the information set forth in this statement is true, complete and correct.
SELECT EQUITY GROUP, L.P.
By:
Select Equity GP, LLC, its General Partner
By:
/s/ George S. Loening������������������������������������
Name:
George S. Loening
Title:
Managing Member
/s/ George S. Loening��������������������������������������������������
George S. Loening, an individual

Dated:� November 10, 2014
6
EXHIBIT 99.1
JOINT FILING AGREEMENT
In accordance with Rule 13d-1(k) under the Securities Exchange Act of 1934, as amended, the undersigned hereby agree to the joint filing with all other� persons signatory below of a report on Schedule 13G or any amendments thereto, and to the inclusion of this Agreement as an attachment to such filing, with respect to the ownership of securities named in this Schedule 13G.
This Agreement may be executed in any number of counterparts each of which shall be deemed to be an original and all of which together shall be deemed to constitute one and the same Agreement.
IN WITNESS WHEREOF, the undersigned hereby execute this Agreement on November 10, 2014.
SELECT EQUITY GROUP, L.P.
By: Select Equity GP, LLC, its General Partner
By:
/s/ George S. Loening�������������������������������������
Name:� George S. Loening
Title:� Managing Member
/s/ George S. Loening������������������������������������������������
George S. Loening, an individual


Serious News for Serious Traders! Try StreetInsider.com Premium Free!

You May Also Be Interested In





Related Categories

SEC Filings

Related Entities

13G