McLaughlin Brian 4
4 · MCDERMOTT INTERNATIONAL INC · Filed Mar 4, 2019
Insider Transaction Report
Form 4
McLaughlin Brian
Senior VP, Commercial
Transactions
- Exercise/Conversion
Common Stock
2019-02-28+3,019→ 43,461 total - Tax Payment
Common Stock
2019-02-28$8.48/sh−1,187$10,066→ 42,274 total - Exercise/Conversion
Restricted Stock Units
2019-02-28−3,019→ 3,020 total→ Common Stock (3,019 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]The restricted stock units vest in three equal annual installments beginning February 28, 2018.