MCDERMOTT INTERNATIONAL INC 4
4 · MCDERMOTT INTERNATIONAL INC · Filed Mar 6, 2014
Insider Transaction Report
Form 4
Carlson Gary Lee
SVP, HR
Transactions
- Exercise/Conversion
Common Stock
2014-03-04+1,517→ 34,552 total - Tax Payment
Common Stock
2014-03-04$7.44/sh−495$3,683→ 34,057 total - Exercise/Conversion
Restricted Stock Units
2014-03-04−1,517→ 0 total→ Common Stock (1,517 underlying)
Holdings
- 40(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 Common Stock as of March 3, 2014.
- [F3]The restricted stock units vest in three equal annual installments beginning March 4, 2012.