0001241921-11-000022.txt : 20110308 0001241921-11-000022.hdr.sgml : 20110308 20110308174428 ACCESSION NUMBER: 0001241921-11-000022 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20110304 FILED AS OF DATE: 20110308 DATE AS OF CHANGE: 20110308 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: NESSER JOHN T III CENTRAL INDEX KEY: 0001199543 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-08430 FILM NUMBER: 11673025 MAIL ADDRESS: STREET 1: 777 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 edgar.xml PRIMARY DOCUMENT X0303 4 2011-03-04 0000708819 MCDERMOTT INTERNATIONAL INC MDR 0001199543 NESSER JOHN T III 757 N. ELDRIDGE PARKWAY HOUSTON TX 77079 0 1 0 0 EVP, COO Common Stock 2011-03-04 4 M 0 8275 0 A 333775 D Common Stock 2011-03-04 4 F 0 2188 25.64 D 331587 D Common Stock 2011-03-05 4 M 0 12221 0 A 343808 D Common Stock 2011-03-05 4 F 0 3541 25.64 D 340267 D Common Stock 2011-03-05 4 M 0 15917 0 A 356184 D Common Stock 2011-03-05 4 F 0 5801 25.74 D 350383 D Common Stock 2011-03-07 4 S 0 40000 25.3685 D 310383 D Common Stock 14479 I 401K Plan Common Stock 200000 I By GRAT Restricted Stock Units 2011-03-04 4 M 0 8275 0 D 2011-03-04 2011-03-04 Common Stock 8275 16553 D Restricted Stock Units 2011-03-05 4 M 0 12221 0 D Common Stock 12221 6295 D Restricted Stock Units 2011-03-05 4 M 0 15917 0 D 2011-03-05 2011-03-05 Common Stock 15917 7957 D Based upon units held in 401K Plan and the fair market value of MDR common stock as of March 4, 2011. On October 27, 2010, the reporting person contributed 200,000 shares of MDR common stock to a grantor retained annuity trust of which the reporting person is Trustee and has indirect beneficial ownership. Each restricted stock unit represents a contingent right to receive one share of MDR common stock. The restricted stock units vest in three equal annual installments beginning March 4, 2011. 66% of these outstanding Restricted Stock Units vested on March 5, 2011 in connection with Mr. Nesser attaining retirement eligibility. The remainder of these Restricted Stock Units vest on March 5, 2012. The restricted stock units vest in three equal annual installments beginning March 5, 2010. In addition, 50% of the then outstanding restricted stock units vested in connection with Mr. Nesser attaining retirement eligiblity. Liane K. Hinrichs, by Power of Attorney 2011-03-08