MCDERMOTT INTERNATIONAL INC 4
4 · MCDERMOTT INTERNATIONAL INC · Filed Dec 26, 2013
Insider Transaction Report
Form 4
JOHNSON STEPHEN MARCUM
President and COO
Transactions
- Tax Payment
Restricted Stock Units
2013-12-23−2,244→ 55,466 total→ Common Stock (2,244 underlying) - Tax Payment
Restricted Stock Units
2013-12-23−504→ 12,496 total→ Common Stock (504 underlying) - Tax Payment
Restricted Stock Units
2013-12-23−4,628→ 114,416 total→ Common Stock (4,628 underlying)
Footnotes (5)
- [F1]Each restricted stock unit represents a contingent right to receive one share of MDR common stock.
- [F2]The restricted stock units vest or vested in three equal annual installments beginning March 4, 2012.
- [F3]The restricted stock units vest or vested 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 restricted stock units are being withheld to cover tax obligations.