Filing Details

Accession Number:
0001241921-10-000048
Form Type:
4
Zero Holdings:
No
Publication Time:
2010-05-14 13:00:00
Reporting Period:
2010-05-12
Filing Date:
2010-05-14
Accepted Time:
2010-05-14 17:08:38
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
708819 Mcdermott International Inc MDR Fabricated Plate Work (Boiler Shops) (3443) 720593134
Insiders
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
Common Stock Acquisiton 2010-05-12 6,390 $0.00 414,755 No 4 M Direct
Common Stock Disposition 2010-05-12 6,390 $26.01 408,365 No 4 D Direct
Common Stock Disposition 2010-05-13 15,000 $26.51 393,365 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 M Direct
No 4 D Direct
No 4 S Direct
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
0 2010-05-12 2010-05-12 No 4 M Direct
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Common Stock 14,458 Indirect 401 (K) Plan
Footnotes
  1. 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.
  2. Based upon units held in 401K Plan and the fair market value of Common Stock as of May 12, 2010.
  3. 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.
  4. Vests in five equal annual installments, with the fifth installment vesting on this date.