0001127602-17-026646.txt : 20170829 0001127602-17-026646.hdr.sgml : 20170829 20170829162221 ACCESSION NUMBER: 0001127602-17-026646 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20170825 FILED AS OF DATE: 20170829 DATE AS OF CHANGE: 20170829 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Spence Stuart CENTRAL INDEX KEY: 0001617951 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-08430 FILM NUMBER: 171058223 MAIL ADDRESS: STREET 1: 757 N. ELDRIDGE PARKWAY CITY: HOUSTON STATE: TX ZIP: 77079 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: MCDERMOTT INTERNATIONAL INC CENTRAL INDEX KEY: 0000708819 STANDARD INDUSTRIAL CLASSIFICATION: FABRICATED PLATE WORK (BOILER SHOPS) [3443] IRS NUMBER: 720593134 STATE OF INCORPORATION: R1 FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 777 N. ELDRIDGE PARKWAY CITY: HOUSTON STATE: TX ZIP: 77079 BUSINESS PHONE: 281-870-5000 MAIL ADDRESS: STREET 1: 777 N. ELDRIDGE PARKWAY CITY: HOUSTON STATE: TX ZIP: 77079 4 1 form4.xml PRIMARY DOCUMENT X0306 4 2017-08-25 0000708819 MCDERMOTT INTERNATIONAL INC MDR 0001617951 Spence Stuart C/O MCDERMOTT INTERNATIONAL, INC. 757 N. ELDRIDGE PARKWAY HOUSTON TX 77079 1 EVP and CFO Common Stock 2017-08-25 4 M 0 58559 0 A 311079 D Common Stock 2017-08-25 4 D 0 58559 5.90 D 252520 D Common Stock 2017-08-25 4 M 0 27027 0 A 279547 D Common Stock 2017-08-25 4 D 0 27027 5.90 D 252520 D Restricted Stock Units 2017-08-25 4 M 0 58559 0 D Common Stock 58559 0 D Restricted Stock Units 2017-08-25 4 M 0 27027 0 D Common Stock 27027 0 D This disposition to the issuer reflects the settlement of 100% of the restricted stock units in cash, as determined in the sole discretion of the Compensation Committee. Each 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. On 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. On 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. /s/ Kimberly J. Wolford, by Power of Attorney 2017-08-29