SEC Form 4 · accession 0001349093-15-000042

MCDERMOTT INTERNATIONAL INC · MDR

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

Reporting owner

Officer — EVP and CFO

Period of report

Aug 25, 2015

Accepted (ET)

Aug 27, 2015 · 5:02 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^F1	Aug 25, 2015	M	58,558	—	A	58,558	D
Common Stock	Aug 25, 2015	F	16,015	$3.50	D	42,543	D
Common Stock^F1	Aug 25, 2015	M	27,027	—	A	69,570	D
Common Stock	Aug 25, 2015	F	7,391	$3.50	D	62,179	D

Security	Conv. / exercise price	Date	Code	Shares	A/D	Exercisable	Expires	Underlying	Underlying shares	Owned after	D/I
Restricted Stock Units^F1,F2	—	Aug 25, 2015	M	58,558	D	—	—	Common Stock	58,558	117,117	D
Restricted Stock Units^F1,F3	—	Aug 25, 2015	M	27,027	D	—	—	Common Stock	27,027	54,054	D

F1Each 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.
F2On August 25, 2014, the reporting person was granted 175,675 restricted stock units, vesting in three equal annual installments beginning on the first anniversary of the grant date.
F3On August 25, 2014, the reporting person was granted 81,081 restricted stock units, vesting in three equal annual installments beginning on the first anniversary of the grant date.