4//SEC Filing
MCDERMOTT INTERNATIONAL INC 4
Accession 0001127602-17-010592
CIK 0000708819operating
Filed
Mar 6, 7:00 PM ET
Accepted
Mar 7, 4:24 PM ET
Size
9.2 KB
Accession
0001127602-17-010592
Insider Transaction Report
Form 4
Leys Andrew
VP, Human Resources
Transactions
- Exercise/Conversion
Common Stock
2017-03-05+8,902→ 20,116 total - Tax Payment
Common Stock
2017-03-05$6.76/sh−3,695$24,978→ 16,421 total - Exercise/Conversion
Restricted Stock Units
2017-03-05−8,902→ 8,902 total→ Common Stock (8,902 underlying)
Holdings
- 433(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 March 3, 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]On March 5, 2015, the reporting person was granted 26,706 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, 4:24 PM ET
- Size
- 9.2 KB