X0206
3
2018-10-01
0
0000708819
MCDERMOTT INTERNATIONAL INC
MDR
0001754143
Gunnion Neil
C/O MCDERMOTT INTERNATIONAL, INC.
757 N. ELDRIDGE PARKWAY
HOUSTON
TX
77079
1
SVP, Proj. Exec. & Delivery
Common Stock
2073
D
Restricted Stock Units
Common Stock
6414
D
Restricted Stock Units
Common Stock
9208
D
The restricted stock units were granted to the reporting person on July 27, 2017 and vest in three equal annual installments, which began on the first anniversary of the grant date.
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.
The restricted stock units were granted to the reporting person on March 1, 2018 and vest in three equal annual installments beginning on the first anniversary of the grant date.
/s/ Kimberly J. Wolford, by Power of Attorney
2018-10-01