4//SEC Filing
MCDERMOTT INTERNATIONAL INC 4
Accession 0001127602-17-008911
CIK 0000708819operating
Filed
Feb 27, 7:00 PM ET
Accepted
Feb 28, 4:30 PM ET
Size
9.1 KB
Accession
0001127602-17-008911
Insider Transaction Report
Form 4
Leys Andrew
VP, Human Resources
Transactions
- Exercise/Conversion
Common Stock
2017-02-26+9,891→ 15,887 total - Tax Payment
Common Stock
2017-02-26$7.49/sh−4,673$35,001→ 11,214 total - Exercise/Conversion
Restricted Stock Units
2017-02-26−9,891→ 19,782 total→ Common Stock (9,891 underlying)
Holdings
- 391(indirect: By 401(k))
Common Stock
Footnotes (3)
- [F1]Based upon units held in 401K Plan and the fair market value of Common Stock as of February 24, 2017.
- [F2]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.
- [F3]The restricted stock units vest in three equal annual installments beginning February 26, 2017.
Documents
Issuer
MCDERMOTT INTERNATIONAL INC
CIK 0000708819
Entity typeoperating
IncorporatedPanama
Related Parties
1- filerCIK 0000708819
Filing Metadata
- Form type
- 4
- Filed
- Feb 27, 7:00 PM ET
- Accepted
- Feb 28, 4:30 PM ET
- Size
- 9.1 KB