4//SEC Filing
Spence Stuart 4
Accession 0001127602-19-009989
CIK 0000708819other
Filed
Mar 4, 7:00 PM ET
Accepted
Mar 5, 5:25 PM ET
Size
8.3 KB
Accession
0001127602-19-009989
Insider Transaction Report
Form 4
Spence Stuart
EVP and CFO
Transactions
- Exercise/Conversion
Common Stock
2019-03-01+11,510→ 216,220 total - Tax Payment
Common Stock
2019-03-01$9.11/sh−4,529$41,259→ 211,691 total - Exercise/Conversion
Restricted Stock Units
2019-03-01−11,510→ 23,020 total→ Common Stock (11,510 underlying)
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 March 1, 2019.
Documents
Issuer
MCDERMOTT INTERNATIONAL INC
CIK 0000708819
Entity typeother
Related Parties
1- filerCIK 0001617951
Filing Metadata
- Form type
- 4
- Filed
- Mar 4, 7:00 PM ET
- Accepted
- Mar 5, 5:25 PM ET
- Size
- 8.3 KB