SEC Form 4 · accession 0001127602-19-006857
MCDERMOTT INTERNATIONAL INC · MDR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Daniel M. McCarthy
Officer — EVP, Lummus Technology
Period of report
Feb 14, 2019
Accepted (ET)
Feb 19, 2019 · 4:43 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000708819
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Feb 14, 2019 | M | 33,034 | $0.00 | A | 87,643 | D | |
| Common Stock | Feb 14, 2019 | F | 8,359 | $7.12 | D | 79,284 | D | |
| Common StockF1 | holding | — | — | — | 43 | I | 401K Plan |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF2,F3 | — | Feb 14, 2019 | M | 33,034 | D | — | — | Common Stock | 33,034 | 66,069 | D |
Explanation of responses
- F1Based upon units held in 401K Plan and the fair market value of Common Stock as of February 14, 2019.
- F2The restricted units were granted to the reporting person on February 14, 2018. Each restricted stock unit represents a right to receive the value of one share of MDR common stock.
- F3The restricted stock units vest in three equal annual installments beginning February 14, 2019.