McCormack John T 4
4 · MCDERMOTT INTERNATIONAL INC · Filed May 15, 2012
Insider Transaction Report
Form 4
McCormack John T
Senior VP, Operations
Transactions
- Exercise/Conversion
Common Stock
2012-05-13+2,686→ 28,017 total - Tax Payment
Common Stock
2012-05-13$11.37/sh−710$8,073→ 27,307 total - Exercise/Conversion
Restricted Stock Units
2012-05-13−2,686→ 5,372 total→ Common Stock (2,686 underlying)
Holdings
- 1,251(indirect: 401 K Plan)
Common Stock
Footnotes (3)
- [F1]Each restricted stock unit represents a contingent right to receive one share of MDR common stock.
- [F2]Based upon units held in 401K Plan and the fair market value of Common Stock as of May 11, 2012.
- [F3]The restricted stock units vest in three equal annual installments beginning May 13, 2012.