4//SEC Filing
MCDERMOTT INTERNATIONAL INC 4
Accession 0001127602-16-052333
CIK 0000708819operating
Filed
May 15, 8:00 PM ET
Accepted
May 16, 4:39 PM ET
Size
8.4 KB
Accession
0001127602-16-052333
Insider Transaction Report
Form 4
Allen Stephen L
SVP - Human Resources
Transactions
- Exercise/Conversion
Common Stock
2016-05-12+12,784→ 48,451 total - Exercise/Conversion
Restricted Stock Units
2016-05-12−12,784→ 12,784 total→ Common Stock (12,784 underlying) - Tax Payment
Common Stock
2016-05-12$4.59/sh−5,362$24,612→ 43,089 total
Footnotes (2)
- [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 May 12, 2014, the reporting person was granted 38,352 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
- May 15, 8:00 PM ET
- Accepted
- May 16, 4:39 PM ET
- Size
- 8.4 KB