Earnings Feed
Start Free
Home/Filings/3/0000950142-19-002037
3//SEC Filing

Chatterjee Fund Management LP 3

Accession 0000950142-19-002037

CIK 0000708819other
View on SEC.govCompany Profile

Filed

Oct 7, 8:00 PM ET

Accepted

Oct 8, 7:52 PM ET

Size

43.9 KB

Accession

0000950142-19-002037

Insider Transaction Report

Form 3
Period: 2019-09-30
MCDERMOTT INTERNATIONAL INCMDR
MCPI Holdings Ltd
10% Owner
Holdings

  • Common Stock, par value $1.00 per share

    18,225,542

  • Put Option (obligation to buy)

    Exercise: $7.00Exp: 2019-11-15→ Common Stock (578,300 underlying)

  • Call Option (right to buy)

    Exercise: $4.00From: 2020-02-21Exp: 2020-02-21→ Common Stock (4,450,000 underlying)

  • Call Option (right to buy)

    Exercise: $5.00From: 2020-02-21Exp: 2020-02-21→ Common Stock (4,000,000 underlying)

  • Put Option (obligation to buy)

    Exercise: $6.00Exp: 2019-11-15→ Common Stock (2,403,900 underlying)

  • Put Option (obligation to buy)

    Exercise: $8.00Exp: 2019-11-15→ Common Stock (827,400 underlying)

  • Put Option (obligation to buy)

    Exercise: $7.00Exp: 2020-01-17→ Common Stock (50,000 underlying)
Labvantage Solutions Technologies Ltd
10% Owner
Holdings

  • Common Stock, par value $1.00 per share

    18,225,542

  • Put Option (obligation to buy)

    Exercise: $7.00Exp: 2019-11-15→ Common Stock (578,300 underlying)

  • Put Option (obligation to buy)

    Exercise: $8.00Exp: 2019-11-15→ Common Stock (827,400 underlying)

  • Put Option (obligation to buy)

    Exercise: $6.00Exp: 2019-11-15→ Common Stock (2,403,900 underlying)

  • Put Option (obligation to buy)

    Exercise: $7.00Exp: 2020-01-17→ Common Stock (50,000 underlying)

  • Call Option (right to buy)

    Exercise: $4.00From: 2020-02-21Exp: 2020-02-21→ Common Stock (4,450,000 underlying)

  • Call Option (right to buy)

    Exercise: $5.00From: 2020-02-21Exp: 2020-02-21→ Common Stock (4,000,000 underlying)
CSL Holdings Ltd
10% Owner
Holdings

  • Call Option (right to buy)

    Exercise: $5.00From: 2020-02-21Exp: 2020-02-21→ Common Stock (4,000,000 underlying)

  • Put Option (obligation to buy)

    Exercise: $8.00Exp: 2019-11-15→ Common Stock (827,400 underlying)

  • Common Stock, par value $1.00 per share

    18,225,542

  • Put Option (obligation to buy)

    Exercise: $6.00Exp: 2019-11-15→ Common Stock (2,403,900 underlying)

  • Put Option (obligation to buy)

    Exercise: $7.00Exp: 2019-11-15→ Common Stock (578,300 underlying)

  • Put Option (obligation to buy)

    Exercise: $7.00Exp: 2020-01-17→ Common Stock (50,000 underlying)

  • Call Option (right to buy)

    Exercise: $4.00From: 2020-02-21Exp: 2020-02-21→ Common Stock (4,450,000 underlying)
CHATTERJEE PURNENDU
10% Owner
Holdings

  • Put Option (obligation to buy)

    Exercise: $6.00Exp: 2019-11-15→ Common Stock (2,403,900 underlying)

  • Common Stock, par value $1.00 per share

    18,225,542

  • Put Option (obligation to buy)

    Exercise: $8.00Exp: 2019-11-15→ Common Stock (827,400 underlying)

  • Put Option (obligation to buy)

    Exercise: $7.00Exp: 2020-01-17→ Common Stock (50,000 underlying)

  • Call Option (right to buy)

    Exercise: $5.00From: 2020-02-21Exp: 2020-02-21→ Common Stock (4,000,000 underlying)

  • Call Option (right to buy)

    Exercise: $4.00From: 2020-02-21Exp: 2020-02-21→ Common Stock (4,450,000 underlying)

  • Put Option (obligation to buy)

    Exercise: $7.00Exp: 2019-11-15→ Common Stock (578,300 underlying)
TCG Lifesciences Ltd
10% Owner
Holdings

  • Put Option (obligation to buy)

    Exercise: $8.00Exp: 2019-11-15→ Common Stock (827,400 underlying)

  • Put Option (obligation to buy)

    Exercise: $6.00Exp: 2019-11-15→ Common Stock (2,403,900 underlying)

  • Put Option (obligation to buy)

    Exercise: $7.00Exp: 2019-11-15→ Common Stock (578,300 underlying)

  • Put Option (obligation to buy)

    Exercise: $7.00Exp: 2020-01-17→ Common Stock (50,000 underlying)

  • Call Option (right to buy)

    Exercise: $4.00From: 2020-02-21Exp: 2020-02-21→ Common Stock (4,450,000 underlying)

  • Call Option (right to buy)

    Exercise: $5.00From: 2020-02-21Exp: 2020-02-21→ Common Stock (4,000,000 underlying)

  • Common Stock, par value $1.00 per share

    18,225,542
Chatterjee Charitable Foundation
10% Owner
Holdings

  • Call Option (right to buy)

    Exercise: $4.00From: 2020-02-21Exp: 2020-02-21→ Common Stock (4,450,000 underlying)

  • Common Stock, par value $1.00 per share

    18,225,542

  • Put Option (obligation to buy)

    Exercise: $7.00Exp: 2019-11-15→ Common Stock (578,300 underlying)

  • Put Option (obligation to buy)

    Exercise: $6.00Exp: 2019-11-15→ Common Stock (2,403,900 underlying)

  • Put Option (obligation to buy)

    Exercise: $8.00Exp: 2019-11-15→ Common Stock (827,400 underlying)

  • Put Option (obligation to buy)

    Exercise: $7.00Exp: 2020-01-17→ Common Stock (50,000 underlying)

  • Call Option (right to buy)

    Exercise: $5.00From: 2020-02-21Exp: 2020-02-21→ Common Stock (4,000,000 underlying)
Chatterjee Fund Management LP
10% Owner
Holdings

  • Put Option (obligation to buy)

    Exercise: $7.00Exp: 2019-11-15→ Common Stock (578,300 underlying)

  • Call Option (right to buy)

    Exercise: $4.00From: 2020-02-21Exp: 2020-02-21→ Common Stock (4,450,000 underlying)

  • Common Stock, par value $1.00 per share

    18,225,542

  • Put Option (obligation to buy)

    Exercise: $6.00Exp: 2019-11-15→ Common Stock (2,403,900 underlying)

  • Put Option (obligation to buy)

    Exercise: $8.00Exp: 2019-11-15→ Common Stock (827,400 underlying)

  • Put Option (obligation to buy)

    Exercise: $7.00Exp: 2020-01-17→ Common Stock (50,000 underlying)

  • Call Option (right to buy)

    Exercise: $5.00From: 2020-02-21Exp: 2020-02-21→ Common Stock (4,000,000 underlying)
Footnotes (10)
  • [F1]This Form 3 is being filed by the Reporting Persons (as defined below) to reflect the acquisition of beneficial ownership (as defined under Section 13D of the Securities Exchange Act of 1934, as amended) of more than 10% of the common stock, par value $1.00 per share (the "Common Stock") of the Issuer. The Reporting Persons had, prior to the above described acquisition on the date of the event requiring this Form 3, beneficially owned less than 10% of the Common Stock.
  • [F10]Consists of 1,000,000 call options written by CFM and 3,000,000 call options written by MCPI.
  • [F2]Consists of 600,000 shares of Common Stock held by Chatterjee Charitable Foundation ("CCF"), 3,567,600 shares of Common Stock held by MCPI Holdings Limited ("MCPI"), 7,181,042 shares of Common Stock held by Chatterjee Fund Management, L.P. ("CFM") and 6,876,900 shares of Common Stock held by Labvantage Solutions Technologies Limited ("LVST"). TCG Lifesciences Limited ("TCGLF") is filing in its capacity as the parent company of LVST and CSL Holdings Limited ("CSL") is filing in its capacity as the parent company of TCGLF. CFM is the direct parent company of CSL and MCPI.
  • [F3]This Form 3 is being filed jointly by (each a "Reporting Person" and, collectively, the "Reporting Persons") (i) CCF, (ii) MCPI, (iii) LVST, (iv) TCGLF, (v) CSL, (vi) CFM and (vii) Purnendu Chatterjee, as the general partner of CFM and trustee of CCF. CCF is a charitable foundation and none of the Reporting Persons (other than CCF) has a pecuniary interest in the shares of Common Stock held by CCF. In addition, CCF has no pecuniary interest in the shares of Common Stock held by any other Reporting Person. Each Reporting Person disclaims beneficial ownership of the securities reported herein as owned, beneficially or of record, except to the extent of any pecuniary interest therein.
  • [F4]These options are currently exercisable.
  • [F5]Consists of 250,000 put options written by CFM, 1,553,300 put options written by LVST and 600,600 put options written by MCPI.
  • [F6]Consists of 578,300 put options written by MCPI.
  • [F7]Consists of 827,400 put options written by MCPI.
  • [F8]Consists of 50,000 put options written by CFM.
  • [F9]Consists of 4,450,000 call options written by LVST.

Documents

2 files

Issuer

MCDERMOTT INTERNATIONAL INC

CIK 0000708819

→
Entity typeother
IncorporatedDE

Related Parties

1
  • filerCIK 0001063248

Filing Metadata

Form type
3
Filed
Oct 7, 8:00 PM ET
Accepted
Oct 8, 7:52 PM ET
Size
43.9 KB
View on SEC.gov