Home/Filings/4/0001127602-18-017426
4//SEC Filing

Kawash Tareq 4

Accession 0001127602-18-017426

CIK 0000708819other

Filed

May 13, 8:00 PM ET

Accepted

May 14, 6:30 PM ET

Size

15.4 KB

Accession

0001127602-18-017426

Insider Transaction Report

Form 4
Period: 2018-05-10
Kawash Tareq
SVP, Eur., Afr., Russ. & Casp.
Transactions
  • Award

    Restricted Stock Units

    2018-05-10+12,27712,277 total
    Common Stock (12,277 underlying)
  • Award

    Restricted Stock Units

    2018-05-10+968968 total
    Common Stock (968 underlying)
  • Award

    Common Stock

    2018-05-10+2,4812,481 total
  • Award

    Restricted Stock Units

    2018-05-10+2,0312,031 total
    Common Stock (2,031 underlying)
  • Award

    Restricted Stock Units

    2018-05-10+391391 total
    Common Stock (391 underlying)
Footnotes (9)
  • [F1]Pursuant to the Business Combination Agreement, dated as of December 18, 2017 (the "BCA") to which the Issuer and Chicago Bridge & Iron Company N.V. ("CB&I") are parties, each ordinary share of CB&I beneficially owned by the Reporting Person at the effective time of the transactions contemplated by the BCA was exchanged for .82407 ordinary shares of the Issuer (the Exchange Ratio).
  • [F2]The restricted units were granted to the reporting person on February 14, 2018 by CB&I. Each restricted stock unit represents a right to receive the value of one share of MDR common stock. Pursuant to the BCA, each restricted stock unit beneficially owned by the Reporting Person at the effective time of the transactions contemplated by the BCA was exchanged for .82407 restricted stock units of the Issuer (the Exchange Ratio).
  • [F3]The restricted stock units vest in three equal annual installments beginning February 14, 2019.
  • [F4]The restricted units were granted to the reporting person on February 15, 2017 by CB&I. Each restricted stock unit represents a right to receive the value of one share of MDR common stock. Pursuant to the BCA, each restricted stock unit beneficially owned by the Reporting Person at the effective time of the transactions contemplated by the BCA was exchanged for .82407 restricted stock units of the Issuer (the Exchange Ratio).
  • [F5]The restricted stock units vest in four equal annual installments beginning on February 15, 2018.
  • [F6]The restricted units were granted to the reporting person on February 18, 2016 by CB&I. Each restricted stock unit represents a right to receive the value of one share of MDR common stock. Pursuant to the BCA, each restricted stock unit beneficially owned by the Reporting Person at the effective time of the transactions contemplated by the BCA was exchanged for .82407 restricted stock units of the Issuer (the Exchange Ratio).
  • [F7]The restricted stock units vest in four equal annual installments beginning February 18, 2017.
  • [F8]The restricted units were granted to the reporting person on February 19, 2015 by CB&I. Each restricted stock unit represents a right to receive the value of one share of MDR common stock. Pursuant to the BCA, each restricted stock unit beneficially owned by the Reporting Person at the effective time of the transactions contemplated by the BCA was exchanged for .82407 restricted stock units of the Issuer (the Exchange Ratio).
  • [F9]The restricted stock units vest in four equal annual installments beginning on February 19, 2016.

Issuer

MCDERMOTT INTERNATIONAL INC

CIK 0000708819

Entity typeother

Related Parties

1
  • filerCIK 0001739773

Filing Metadata

Form type
4
Filed
May 13, 8:00 PM ET
Accepted
May 14, 6:30 PM ET
Size
15.4 KB