JOHNSON STEPHEN MARCUM 4
4 · MCDERMOTT INTERNATIONAL INC · Filed Mar 7, 2013
Insider Transaction Report
Form 4
JOHNSON STEPHEN MARCUM
President and COO
Transactions
- Exercise/Conversion
Common Stock
2013-03-05+28,855→ 475,921 total - Tax Payment
Common Stock
2013-03-05$10.50/sh−7,891$82,856→ 468,030 total - Exercise/Conversion
Restricted Stock Units
2013-03-05−28,855→ 57,710 total→ Common Stock (28,855 underlying) - Award
Restricted Stock Units
2013-03-05+119,044→ 119,044 total→ Common Stock (119,044 underlying) - Award
Stock Option (right to buy)
2013-03-05+257,730→ 257,730 totalExercise: $10.50Exp: 2020-03-05→ Common Stock (257,730 underlying)
Holdings
- 610(indirect: 401 K Plan)
Common Stock
Footnotes (5)
- [F1]Each restricted stock unit represents a contingent right to receive one share of MDR common stock.
- [F2]Based upon units held in 401 K Plan and the fair market value of Common Stock as of March 4, 2013.
- [F3]The restricted stock units vest in three equal annual installments beginning March 5, 2013.
- [F4]The restricted stock units vest in four equal annual installments beginning March 5, 2014.
- [F5]The option is exercisable in three equal annual installments beginning March 5, 2013.