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