JOHNSON STEPHEN MARCUM 4
4 · MCDERMOTT INTERNATIONAL INC · Filed May 16, 2012
Insider Transaction Report
Form 4
JOHNSON STEPHEN MARCUM
President and COO
Transactions
- Exercise/Conversion
Common Stock
2012-05-14+60,075→ 264,810 total - Tax Payment
Common Stock
2012-05-14$11.15/sh−21,897$244,152→ 242,913 total - Tax Payment
Common Stock
2012-05-14$11.15/sh−35,123$391,621→ 312,092 total - Exercise/Conversion
Common Stock
2012-05-14+104,302→ 347,215 total - Exercise/Conversion
Restricted Stock Units
2012-05-14−60,075→ 0 total→ Common Stock (60,075 underlying) - Exercise/Conversion
Restricted Stock Units
2012-05-14−104,302→ 0 totalFrom: 2012-05-14Exp: 2012-05-14→ Common Stock (104,302 underlying)
Holdings
- 611(indirect: By 401(k))
Common Stock
Footnotes (3)
- [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 MDR Common Stock as of May 14, 2012.
- [F3]The restricted stock units vest in three equal annual installments beginning May 14, 2010.