4//SEC Filing
MCDERMOTT INTERNATIONAL INC 4
Accession 0001127602-17-010584
CIK 0000708819operating
Filed
Mar 6, 7:00 PM ET
Accepted
Mar 7, 4:20 PM ET
Size
19.7 KB
Accession
0001127602-17-010584
Insider Transaction Report
Form 4
Hinrichs Liane K
SVP, Gen. Counsel & Corp. Sec.
Transactions
- Exercise/Conversion
Common Stock
2017-03-05+10,845→ 320,375 total - Tax Payment
Common Stock
2017-03-05$6.76/sh−4,549$30,751→ 315,826 total - Exercise/Conversion
Common Stock
2017-03-05+6,547→ 322,373 total - Tax Payment
Common Stock
2017-03-05$6.76/sh−2,746$18,563→ 319,627 total - Exercise/Conversion
Common Stock
2017-03-05+49,455→ 369,082 total - Tax Payment
Common Stock
2017-03-05$6.76/sh−20,746$140,243→ 348,336 total - Exercise/Conversion
Performance Shares
2017-03-05−10,845→ 0 totalFrom: 2017-03-05Exp: 2017-03-05→ Common Stock (10,845 underlying) - Exercise/Conversion
Restricted Stock Units
2017-03-05−49,455→ 49,455 total→ Common Stock (49,455 underlying) - Exercise/Conversion
Restricted Stock Units
2017-03-05−6,547→ 0 total→ Common Stock (6,547 underlying)
Holdings
- 3,146(indirect: By 401(k))
Common Stock
Footnotes (6)
- [F1]Based upon units held in 401K Plan and the fair market value of MDR common stock as of March 3, 2017.
- [F2]Each performance share initially represented a contingent right to receive one share of MDR common stock. On March 5, 2017, the vesting date, the reporting person received one share of MDR common stock for each vested performance share.
- [F3]Each restricted stock unit represents a contingent right to receive one share of MDR common stock.
- [F4]On March 5, 2013, the reporting person was granted 26,188 restricted stock units, vesting in four equal annual installments beginning on the first anniversary of the grant date.
- [F5]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.
- [F6]On March 5, 2015, the reporting person was granted 148,365 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 6, 7:00 PM ET
- Accepted
- Mar 7, 4:20 PM ET
- Size
- 19.7 KB