SEC Form 4 · accession 0001349093-15-000008

MCDERMOTT INTERNATIONAL INC · MDR

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

Reporting owner

Officer — VP Middle East

Period of report

Mar 5, 2015

Accepted (ET)

Mar 9, 2015 · 4:51 pm EDT

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
Common Stock	Mar 5, 2015	M	831	$0.00	A	19,304	D
Common Stock	Mar 5, 2015	F	290	$3.37	D	19,014	D
Common Stock	Mar 5, 2015	M	1,285	$0.00	A	20,299	D
Common Stock	Mar 5, 2015	F	449	$3.37	D	19,850	D

Security	Conv. / exercise price	Date	Code	Shares	A/D	Exercisable	Expires	Underlying	Underlying shares	Owned after	D/I
Restricted Stock Units^F1,F2	—	Mar 5, 2015	M	831	D	—	—	Common Stock	831	0	D
Restricted Stock Units^F1,F3	—	Mar 5, 2015	M	1,285	D	—	—	Common Stock	1,285	2,570	D
Restricted Stock Units^F4,F5	—	Mar 5, 2015	A	59,346	A	—	—	Common Stock	59,346	59,346	D

F1Each restricted stock unit represents a contingent right to receive one share of MDR common stock.
F2On March 5, 2012, the reporting person was granted 2,493 restricted stock units, vesting in three equal annual installments beginning on the first anniversary of the grant date.
F3On March 5, 2013, the reporting person was granted 5,140 restricted stock units, vesting in four equal annual installments beginning on the first anniversay of the grant date.
F4Each 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.
F5On March 5, 2015, the reporting person was granted 59,346 restricted stock units, vesting in three equal annual installments beginning on the first anniversary of the grant date.