4//SEC Filing
MCDERMOTT INTERNATIONAL INC 4
Accession 0001349093-15-000023
CIK 0000708819operating
Filed
Mar 9, 8:00 PM ET
Accepted
Mar 10, 4:31 PM ET
Size
8.6 KB
Accession
0001349093-15-000023
Insider Transaction Report
Form 4
Cummins Scott V
VP and GM, Asia Pacific
Transactions
- Tax Payment
Common Stock
2015-03-06$3.32/sh−8,928$29,641→ 124,209 total - Exercise/Conversion
Common Stock
2015-03-06+25,510→ 133,137 total - Exercise/Conversion
Restricted Stock Units
2015-03-06−25,510→ 51,020 total→ Common Stock (25,510 underlying)
Footnotes (2)
- [F1]Each restricted stock unit represents a contingent right to receive the value of one share of MDR common stock, with such restricted stock units to be paid, in the sole discretion of the Compensation Committee: (i) in shares of MDR common stock, (ii) cash equal to the fair market value of the shares of MDR common stock otherwise deliverable, or (iii) any combination thereof.
- [F2]On March 6, 2014, the reporting person was granted 76,530 restriced stock units, vesting in three equal annual installments beginning on the first anniversary of the grant date.
Documents
Issuer
MCDERMOTT INTERNATIONAL INC
CIK 0000708819
Entity typeoperating
IncorporatedPanama
Related Parties
1- filerCIK 0000708819
Filing Metadata
- Form type
- 4
- Filed
- Mar 9, 8:00 PM ET
- Accepted
- Mar 10, 4:31 PM ET
- Size
- 8.6 KB