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4//SEC Filing

Kennefick Jonathan 4

Accession 0001127602-18-009104

CIK 0000708819other

Filed

Feb 27, 7:00 PM ET

Accepted

Feb 28, 4:20 PM ET

Size

9.2 KB

Accession

0001127602-18-009104

Insider Transaction Report

Form 4
Period: 2018-02-26
Kennefick Jonathan
SVP Proj. Execution & Delivery
Transactions
  • Exercise/Conversion

    Common Stock

    2018-02-26+19,78294,960 total
  • Tax Payment

    Common Stock

    2018-02-26$7.62/sh5,197$39,60189,763 total
  • Exercise/Conversion

    Restricted Stock Units

    2018-02-2619,78219,782 total
    Common Stock (19,782 underlying)
Holdings
  • Common Stock

    (indirect: By 401(k))
    875
Footnotes (3)
  • [F1]Based upon units held in 401K Plan and the fair market value of Common Stock as of February 26, 2018.
  • [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.

Issuer

MCDERMOTT INTERNATIONAL INC

CIK 0000708819

Entity typeother

Related Parties

1
  • filerCIK 0001659040

Filing Metadata

Form type
4
Filed
Feb 27, 7:00 PM ET
Accepted
Feb 28, 4:20 PM ET
Size
9.2 KB