McCormack John T 4
4 · MCDERMOTT INTERNATIONAL INC · Filed Mar 7, 2013
Insider Transaction Report
Form 4
McCormack John T
Senior VP, Operations
Transactions
- Exercise/Conversion
Common Stock
2013-03-05+8,656→ 41,184 total - Tax Payment
Common Stock
2013-03-05$10.50/sh−2,341$24,581→ 38,843 total - Exercise/Conversion
Restricted Stock Units
2013-03-05−8,656→ 17,312 total→ Common Stock (8,656 underlying) - Award
Restricted Stock Units
2013-03-05+29,760→ 29,760 total→ Common Stock (29,760 underlying) - Award
Stock Option (right to buy)
2013-03-05+64,431→ 64,431 totalExercise: $10.50Exp: 2020-03-05→ Common Stock (64,431 underlying)
Holdings
- 1,249(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 401K 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, 2014.