Home/Filings/4/0000950142-19-002239

4//SEC Filing

Chatterjee Fund Management LP 4

Accession 0000950142-19-002239

CIK 0000708819other

View on SEC.gov Company Profile

Filed

Nov 7, 7:00 PM ET

Accepted

Nov 8, 4:06 PM ET

Size

53.7 KB

Accession

0000950142-19-002239

Insider Transaction Report

Form 4

Period: 2019-11-05

MCDERMOTT INTERNATIONAL INCMDR

Chatterjee Charitable Foundation

10% Owner

Transactions

Exercise of In-Money
Put Option (obligation to buy)
2019-11-05−5,700→ 814,200 total
Exercise: $8.00Exp: 2019-11-15→ Common Stock (5,700 underlying)
Exercise of In-Money
Common Stock, par value $1.00 per share
2019-11-05$7.00/sh+7,500$52,500→ 18,268,742 total
Exercise of In-Money
Put Option (obligation to buy)
2019-11-05−30,000→ 2,373,900 total
Exercise: $6.00Exp: 2019-11-15→ Common Stock (30,000 underlying)
Exercise of In-Money
Common Stock, par value $1.00 per share
2019-11-05$8.00/sh+7,500$60,000→ 18,276,242 total
Exercise of In-Money
Common Stock, par value $1.00 per share
2019-11-05$6.00/sh+30,000$180,000→ 18,261,242 total
Exercise of In-Money
Put Option (obligation to buy)
2019-11-05−7,500→ 570,800 total
Exercise: $7.00Exp: 2019-11-15→ Common Stock (7,500 underlying)

Chatterjee Fund Management LP

10% Owner

Transactions

Exercise of In-Money
Common Stock, par value $1.00 per share
2019-11-05$6.00/sh+30,000$180,000→ 18,261,242 total
Exercise of In-Money
Common Stock, par value $1.00 per share
2019-11-05$8.00/sh+7,500$60,000→ 18,276,242 total
Exercise of In-Money
Put Option (obligation to buy)
2019-11-05−7,500→ 570,800 total
Exercise: $7.00Exp: 2019-11-15→ Common Stock (7,500 underlying)
Exercise of In-Money
Put Option (obligation to buy)
2019-11-05−5,700→ 814,200 total
Exercise: $8.00Exp: 2019-11-15→ Common Stock (5,700 underlying)
Exercise of In-Money
Common Stock, par value $1.00 per share
2019-11-05$7.00/sh+7,500$52,500→ 18,268,742 total
Exercise of In-Money
Put Option (obligation to buy)
2019-11-05−30,000→ 2,373,900 total
Exercise: $6.00Exp: 2019-11-15→ Common Stock (30,000 underlying)

MCPI Holdings Ltd

10% Owner

Transactions

Exercise of In-Money
Put Option (obligation to buy)
2019-11-05−30,000→ 2,373,900 total
Exercise: $6.00Exp: 2019-11-15→ Common Stock (30,000 underlying)
Exercise of In-Money
Common Stock, par value $1.00 per share
2019-11-05$7.00/sh+7,500$52,500→ 18,268,742 total
Exercise of In-Money
Put Option (obligation to buy)
2019-11-05−5,700→ 814,200 total
Exercise: $8.00Exp: 2019-11-15→ Common Stock (5,700 underlying)
Exercise of In-Money
Common Stock, par value $1.00 per share
2019-11-05$6.00/sh+30,000$180,000→ 18,261,242 total
Exercise of In-Money
Common Stock, par value $1.00 per share
2019-11-05$8.00/sh+7,500$60,000→ 18,276,242 total
Exercise of In-Money
Put Option (obligation to buy)
2019-11-05−7,500→ 570,800 total
Exercise: $7.00Exp: 2019-11-15→ Common Stock (7,500 underlying)

Labvantage Solutions Technologies Ltd

10% Owner

Transactions

Exercise of In-Money
Common Stock, par value $1.00 per share
2019-11-05$8.00/sh+7,500$60,000→ 18,276,242 total
Exercise of In-Money
Put Option (obligation to buy)
2019-11-05−7,500→ 570,800 total
Exercise: $7.00Exp: 2019-11-15→ Common Stock (7,500 underlying)
Exercise of In-Money
Common Stock, par value $1.00 per share
2019-11-05$7.00/sh+7,500$52,500→ 18,268,742 total
Exercise of In-Money
Put Option (obligation to buy)
2019-11-05−30,000→ 2,373,900 total
Exercise: $6.00Exp: 2019-11-15→ Common Stock (30,000 underlying)
Exercise of In-Money
Put Option (obligation to buy)
2019-11-05−5,700→ 814,200 total
Exercise: $8.00Exp: 2019-11-15→ Common Stock (5,700 underlying)
Exercise of In-Money
Common Stock, par value $1.00 per share
2019-11-05$6.00/sh+30,000$180,000→ 18,261,242 total

TCG Lifesciences Ltd

10% Owner

Transactions

Exercise of In-Money
Common Stock, par value $1.00 per share
2019-11-05$6.00/sh+30,000$180,000→ 18,261,242 total
Exercise of In-Money
Common Stock, par value $1.00 per share
2019-11-05$7.00/sh+7,500$52,500→ 18,268,742 total
Exercise of In-Money
Common Stock, par value $1.00 per share
2019-11-05$8.00/sh+7,500$60,000→ 18,276,242 total
Exercise of In-Money
Put Option (obligation to buy)
2019-11-05−5,700→ 814,200 total
Exercise: $8.00Exp: 2019-11-15→ Common Stock (5,700 underlying)
Exercise of In-Money
Put Option (obligation to buy)
2019-11-05−30,000→ 2,373,900 total
Exercise: $6.00Exp: 2019-11-15→ Common Stock (30,000 underlying)
Exercise of In-Money
Put Option (obligation to buy)
2019-11-05−7,500→ 570,800 total
Exercise: $7.00Exp: 2019-11-15→ Common Stock (7,500 underlying)

CSL Holdings Ltd

10% Owner

Transactions

Exercise of In-Money
Common Stock, par value $1.00 per share
2019-11-05$8.00/sh+7,500$60,000→ 18,276,242 total
Exercise of In-Money
Put Option (obligation to buy)
2019-11-05−30,000→ 2,373,900 total
Exercise: $6.00Exp: 2019-11-15→ Common Stock (30,000 underlying)
Exercise of In-Money
Put Option (obligation to buy)
2019-11-05−7,500→ 570,800 total
Exercise: $7.00Exp: 2019-11-15→ Common Stock (7,500 underlying)
Exercise of In-Money
Put Option (obligation to buy)
2019-11-05−5,700→ 814,200 total
Exercise: $8.00Exp: 2019-11-15→ Common Stock (5,700 underlying)
Exercise of In-Money
Common Stock, par value $1.00 per share
2019-11-05$7.00/sh+7,500$52,500→ 18,268,742 total
Exercise of In-Money
Common Stock, par value $1.00 per share
2019-11-05$6.00/sh+30,000$180,000→ 18,261,242 total

CHATTERJEE PURNENDU

10% Owner

Transactions

Exercise of In-Money
Common Stock, par value $1.00 per share
2019-11-05$6.00/sh+30,000$180,000→ 18,261,242 total
Exercise of In-Money
Common Stock, par value $1.00 per share
2019-11-05$7.00/sh+7,500$52,500→ 18,268,742 total
Exercise of In-Money
Common Stock, par value $1.00 per share
2019-11-05$8.00/sh+7,500$60,000→ 18,276,242 total
Exercise of In-Money
Put Option (obligation to buy)
2019-11-05−7,500→ 570,800 total
Exercise: $7.00Exp: 2019-11-15→ Common Stock (7,500 underlying)
Exercise of In-Money
Put Option (obligation to buy)
2019-11-05−5,700→ 814,200 total
Exercise: $8.00Exp: 2019-11-15→ Common Stock (5,700 underlying)
Exercise of In-Money
Put Option (obligation to buy)
2019-11-05−30,000→ 2,373,900 total
Exercise: $6.00Exp: 2019-11-15→ Common Stock (30,000 underlying)

Footnotes (6)

[F1]This Form 4 is being filed jointly by (each a "Reporting Person" and, collectively, the "Reporting Persons") (i) CCF Chatterjee Charitable Foundation ("CCF"), (ii) MCPI Holdings Limited ("MCPI"), (iii) Labvantage Solutions Technologies Limited ("LVST"), (iv) TCG Lifesciences Limited ("TCGLF"), (v) CSL Holdings Limited ("CSL"), (vi) Chatterjee Fund Management, L.P. ("CFM") and (vii) Purnendu Chatterjee, as the general partner of CFM and trustee of CCF. 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.
[F2]Consists of 600,000 shares of common stock of the Issuer, par value $1.00 per share ("Common Stock"), held by CCF, 3,588,300 shares of Common Stock held by MCPI, 7,181,042 shares of Common Stock held by CFM and 6,906,900 shares of Common Stock held by LVST. TCGLF is filing in its capacity as the parent company of LVST and CSL is filing in its capacity as the parent company of TCGLF. CFM is the direct parent company of CSL and MCPI.
[F3]These options are currently exercisable.
[F4]Consists of 250,000 put options written by CFM, 1,523,300 put options written by LVST and 600,600 put options written by MCPI.
[F5]Consists of 570,800 put options written by MCPI.
[F6]Consists of 814,200 put options written by MCPI.

Documents

2 files

Issuer

MCDERMOTT INTERNATIONAL INC

CIK 0000708819

→

Entity typeother

IncorporatedDE

Related Parties

filerCIK 0001063248

Filing Metadata

Form type: 4
Filed: Nov 7, 7:00 PM ET
Accepted: Nov 8, 4:06 PM ET
Size: 53.7 KB

View on SEC.gov