SEC Form 4 · accession 0001349093-15-000029
MCDERMOTT INTERNATIONAL INC · MDR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Roger A Brown
Director
Period of report
Apr 27, 2015
Accepted (ET)
Apr 29, 2015 · 4:44 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 27, 2015 | M | 29,073 | $3.47 | A | 106,921 | D | |
| Common StockF1 | Apr 27, 2015 | F | 20,097 | $5.02 | D | 86,824 | D | |
| Common StockF2 | Apr 27, 2015 | M | 5,233 | $3.43 | A | 92,057 | D | |
| Common StockF2 | Apr 27, 2015 | F | 3,576 | $5.02 | D | 88,481 | 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)F3 | $3.47 | Apr 27, 2015 | M | 29,073 | D | — | May 12, 2015 | Common Stock | 29,073 | 0 | D |
| Employee stock Option (right to buy)F3 | $3.43 | Apr 27, 2015 | M | 5,233 | D | — | May 4, 2015 | Common Stock | 5,233 | 0 | D |
Explanation of responses
- F1The reporting person exercised options that are scheduled to expire on May 12, 2015 for which the Company withheld shares otherwise issuable to him as payment for the exercise price. The reporting person held all net acquired shares.
- F2The reporting person exercised options that are scheduled to expire on May 4, 2015 for which the Company withheld shares otherwise issuable to him as payment for the exercise price. The reporting person held all net acquired shares.
- F3100% of the options are vested.