4//SEC Filing
MCDERMOTT INTERNATIONAL INC 4
Accession 0001127602-16-045526
CIK 0000708819operating
Filed
Mar 7, 7:00 PM ET
Accepted
Mar 8, 4:57 PM ET
Size
13.5 KB
Accession
0001127602-16-045526
Insider Transaction Report
Form 4
Allen Stephen L
SVP - Human Resources
Transactions
- Exercise/Conversion
Common Stock
2016-03-05+29,673→ 41,538 total - Tax Payment
Common Stock
2016-03-05$3.88/sh−8,686$33,702→ 32,852 total - Exercise/Conversion
Restricted Stock Units
2016-03-05−29,673→ 59,346 total→ Common Stock (29,673 underlying) - Exercise/Conversion
Common Stock
2016-03-06+3,826→ 36,678 total - Tax Payment
Common Stock
2016-03-06$3.88/sh−1,011$3,923→ 35,667 total - Exercise/Conversion
Restricted Stock Units
2016-03-06−3,826→ 3,826 total→ Common Stock (3,826 underlying)
Footnotes (3)
- [F1]Each restricted stock unit represents a contingent right to receive the value of one share of MDR common stock, with such restricted stock units to be paid, in the sole discretion of the Compensation Committee: (i) in shares of MDR common stock, (ii) cash equal to the fair market value of the shares of MDR common stock otherwise deliverable, or (iii) any combination thereof.
- [F2]On March 5, 2015, the reporting person was granted 89,019 restricted stock units, vesting in three equal annual installments beginning on the first anniversary of the grant date.
- [F3]On March 6, 2014, the reporting person was granted 11,478 restricted stock units,vesting in three equal annual installments beginning on the first anniversary of the grant date.
Documents
Issuer
MCDERMOTT INTERNATIONAL INC
CIK 0000708819
Entity typeoperating
IncorporatedPanama
Related Parties
1- filerCIK 0000708819
Filing Metadata
- Form type
- 4
- Filed
- Mar 7, 7:00 PM ET
- Accepted
- Mar 8, 4:57 PM ET
- Size
- 13.5 KB