CHATTERJEE PURNENDU 4
4 · MCDERMOTT INTERNATIONAL INC · Filed Jan 21, 2020
Insider Transaction Report
Form 4
Chatterjee Fund Management LP
10% Owner
Transactions
- Exercise of In-Money
Put Option (obligation to buy)
2020-01-17−50,000→ 0 totalExercise: $7.00Exp: 2020-01-17→ Common Stock (50,000 underlying) - Exercise of In-Money
Common Stock, par value $1.00 per share
2020-01-17$7.00/sh+50,000$350,000→ 22,085,142 total
Footnotes (3)
- [F1]Consists of 600,000 shares of common stock of the Issuer, par value $1.00 per share ("Common Stock"), held by Chatterjee Charitable Foundation ("CCF"), 5,573,900 shares of Common Stock held by MCPI Holdings Limited ("MCPI"), 7,481,042 shares of Common Stock held by Chatterjee Fund Management, L.P. ("CFM") and 8,430,200 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.
- [F2]This Form 4 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. 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.
- [F3]These options are currently exercisable.