Austin Linh 4
4 · MCDERMOTT INTERNATIONAL INC · Filed Jun 10, 2019
Insider Transaction Report
Form 4
Austin Linh
Vice President, Middle East
Transactions
- Exercise/Conversion
Common Stock
2019-06-06+1,573→ 77,321 total - Tax Payment
Common Stock
2019-06-06$6.85/sh−550$3,768→ 76,771 total - Exercise/Conversion
Restricted Stock Units
2019-06-06−1,573→ 3,146 total→ Common Stock (1,573 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 June 6, 2019.