- Accession Number:
- Form Type:
- Zero Holdings:
- Publication Time:
- 2010-05-14 13:00:00
- Reporting Period:
- Filing Date:
- Accepted Time:
- 2010-05-14 17:08:38
- SEC Url:
- Form 4 Filing
|Cik||Name||Symbol||Sector (SIC)||IRS No|
|708819||Mcdermott International Inc||MDR||Fabricated Plate Work (Boiler Shops) (3443)||720593134|
|Cik||Name||Reported Address||Insider Title||Director||Officer||Large Shareholder||Other|
|1199543||Iii T John Nesser||C/o Mcdermott International, Inc. |
777 N. Eldridge Parkway
Houston TX 77079
|Evp, Coo - Jrm||No||Yes||No||No|
Reported Non-Derivative Transactions
|Sec. Name||Acquisiton - Disposition||Date||Amount||Price||Remaning Holdings||Equity Swap Involved||Form Type||Code||Nature of Ownership||Explanation|
|Equity Swap Involved||Form Type||Code||Nature of Ownership||Explanation|
Reported Derivative Transactions
|Sec. Name||Sec. Type||Acquisiton - Disposition||Date||Amount||Price||Amount - 2||Price - 2|
|Common Stock||Deferred Stock Units||Disposition||2010-05-12||6,390||$0.00||6,390||$0.00|
|Remaning Holdings||Exercise Date||Expiration Date||Equity Swap Involved||Transaction Form Type||Transaction Code||Nature of Ownership|
Reported Non-Derivative Holdings
|Sec. Name||Remaning Holdings||Nature of Ownership||Explanation|
|Common Stock||14,458||Indirect||401 (K) Plan|
- The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $26.50 to $26.54, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
- Based upon units held in 401K Plan and the fair market value of Common Stock as of May 12, 2010.
- Each Deferred Stock Unit represented a contingent right to receive a cash payment equal to the number of vested units multiplied by the average price of MDR common stock on the vesting date.
- Vests in five equal annual installments, with the fifth installment vesting on this date.