McCormack John T 4
4 · MCDERMOTT INTERNATIONAL INC · Filed Mar 6, 2013
Insider Transaction Report
Form 4
McCormack John T
Senior VP, Operations
Transactions
- Exercise/Conversion
Common Stock
2013-03-04+5,745→ 33,052 total - Exercise/Conversion
Common Stock
2013-03-04+1,511→ 32,927 total - Exercise/Conversion
Restricted Stock Units
2013-03-04−1,511→ 1,511 total→ Common Stock (1,511 underlying) - Tax Payment
Common Stock
2013-03-04$10.52/sh−1,636$17,211→ 31,416 total - Tax Payment
Common Stock
2013-03-04$10.52/sh−399$4,197→ 32,528 total - Exercise/Conversion
Restricted Stock Units
2013-03-04−5,745→ 0 total→ Common Stock (5,745 underlying)
Holdings
- 1,250(indirect: By 401(k))
Common Stock
Footnotes (4)
- [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 MDR common stock as of March 1, 2013.
- [F3]The restricted stock units vest in three equal annual installments beginning March 4, 2011.
- [F4]The restricted stock units vest in three equal annual installments beginning March 4, 2012.