SEC Form 4 · accession 0001349093-15-000032
MCDERMOTT INTERNATIONAL INC · MDR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Tony Duncan
Officer — SVP Project Support
Period of report
May 13, 2015
Accepted (ET)
May 15, 2015 · 5:06 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 | May 13, 2015 | M | 25,279 | — | A | 68,232 | D | |
| Common Stock | May 13, 2015 | F | 9,441 | $4.96 | D | 58,791 | D | |
| Common StockF1 | May 13, 2015 | M | 2,031 | — | A | 60,822 | D | |
| Common Stock | May 13, 2015 | F | 758 | $4.96 | D | 60,064 | 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 | — | May 13, 2015 | M | 25,279 | D | — | — | Common Stock | 25,279 | 25,279 | D |
| Restricted Srock UnitsF1,F3 | — | May 13, 2015 | M | 2,031 | D | — | — | Common Stock | 2,031 | 4,062 | D |
Explanation of responses
- F1Each restricted stock unit represents a contingent right to receive one share of MDR common stock.
- F2On May 13, 2013, the reporting person was granted 75,837 restricted stock units, vesting in three equal installments beginning on the first anniversary of the grant date.
- F3On May 13, 2013, the reporting person was granted 8,124 restricted stock units, vesting in four equal installments beginning on the first anniversary of the grant date.