SEC Form 4 · accession 0001127602-19-007198
MCDERMOTT INTERNATIONAL INC · MDR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Tareq Kawash
Officer — SVP, Eur., Afr., Russ. & Casp.
Period of report
Feb 15, 2019
Accepted (ET)
Feb 20, 2019 · 4:29 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 15, 2019 | M | 677 | $0.00 | A | 33,005 | D | |
| Common Stock | Feb 15, 2019 | F | 41 | $7.23 | D | 32,964 | D | |
| Common Stock | Feb 18, 2019 | M | 484 | $0.00 | A | 33,448 | D | |
| Common Stock | Feb 18, 2019 | F | 29 | $7.23 | D | 33,419 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF1,F2 | — | Feb 15, 2019 | M | 677 | D | — | — | Common Stock | 677 | 1,354 | D |
| Restricted Stock UnitsF3,F4 | — | Feb 18, 2019 | M | 484 | D | — | — | Common Stock | 484 | 484 | D |
Explanation of responses
- F1The restricted units were granted to the reporting person on February 15, 2017. Each restricted stock unit represents a right to receive the value of one share of MDR common stock.
- F2The restricted stock units vest in four equal annual installments beginning on February 15, 2018.
- F3The restricted units were granted to the reporting person on February 18, 2016. Each restricted stock unit represents a right to receive the value of one share of MDR common stock.
- F4The restricted stock units vest in four equal annual installments beginning February 18, 2017.