Mukherjee Samik 4
4 · MCDERMOTT INTERNATIONAL INC · Filed Jul 8, 2019
Insider Transaction Report
Form 4
Mukherjee Samik
EVP, Chief Operating Officer
Transactions
- Exercise/Conversion
Common Stock
2019-07-03+26,426→ 26,426 total - Exercise/Conversion
Restricted Stock Units
2019-07-03−26,426→ 52,852 total→ Common Stock (26,426 underlying) - Tax Payment
Common Stock
2019-07-03$8.99/sh−7,927$71,264→ 18,499 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 July 3, 2019.