4//SEC Filing
MCDERMOTT INTERNATIONAL INC 4
Accession 0001349093-15-000031
CIK 0000708819operating
Filed
May 13, 8:00 PM ET
Accepted
May 14, 4:27 PM ET
Size
8.7 KB
Accession
0001349093-15-000031
Insider Transaction Report
Form 4
Allen Stephen L
SVP - Human Resources
Transactions
- Exercise/Conversion
Common Stock
2015-05-12+12,784→ 15,361 total - Tax Payment
Common Stock
2015-05-12$4.84/sh−3,496$16,921→ 11,865 total - Exercise/Conversion
Restricted Stock Units
2015-05-12−12,784→ 25,568 total→ Common Stock (12,784 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 May 12, 2014, the reporting person was granted 38,352 restricted 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
- May 13, 8:00 PM ET
- Accepted
- May 14, 4:27 PM ET
- Size
- 8.7 KB