SEC Form 4 · accession 0001349093-15-000028
MCDERMOTT INTERNATIONAL INC · MDR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Scott V Cummins
Officer — SVP Commercial
Period of report
Apr 9, 2015
Accepted (ET)
Apr 10, 2015 · 4:30 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 | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Apr 9, 2015 | M | 11,629 | $3.47 | A | 135,838 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee Stock Option (right to buy)F2 | $3.47 | Apr 9, 2015 | M | 11,629 | D | — | May 12, 2015 | Common Stock | 11,629 | 0 | D |
Explanation of responses
- F1The reporting person exercised options that are scheduled to expire on May 12, 2015 and held the acquired shares. The reporting person paid the exercise price and applicable taxes in cash.
- F2100 % of the options are vested.