Brann Elizabeth Gentry 4
4 · MCDERMOTT INTERNATIONAL INC · Filed May 6, 2019
Insider Transaction Report
Form 4
Brann Elizabeth Gentry
SVP, Comm, Marketing & Admin
Transactions
- Award
Restricted Stock Units
2019-05-02+21,630→ 21,630 total→ Common Stock (21,630 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 were granted on May, 2, 2019 and vest in three equal annual installments beginning on the first anniversary of the grant date.