Krummel Christopher A 4
4 · MCDERMOTT INTERNATIONAL INC · Filed Mar 4, 2019
Insider Transaction Report
Form 4
Krummel Christopher A
VP, Finance and Chief Acct Off
Transactions
- Exercise/Conversion
Common Stock
2019-02-28+2,113→ 4,940 total - Exercise/Conversion
Restricted Stock Units
2019-02-28−2,113→ 2,114 total→ Common Stock (2,113 underlying) - Tax Payment
Common Stock
2019-02-28$8.48/sh−858$7,276→ 4,082 total
Footnotes (2)
- [F1]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.
- [F2]The restricted stock units vest in three equal annual installments beginning February 28, 2018.