Dickson David 4
4 · MCDERMOTT INTERNATIONAL INC · Filed Mar 5, 2019
Insider Transaction Report
Form 4
Dickson David
EVP & Chief Operating Officer
Transactions
- Exercise/Conversion
Common Stock
2019-03-01+36,832→ 678,733 total - Tax Payment
Common Stock
2019-03-01$9.11/sh−14,493$132,031→ 664,240 total - Exercise/Conversion
Restricted Stock Units
2019-03-01−36,832→ 73,665 total→ Common Stock (36,832 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.