0001241921-14-000038.txt : 20140910
0001241921-14-000038.hdr.sgml : 20140910
20140910160741
ACCESSION NUMBER: 0001241921-14-000038
CONFORMED SUBMISSION TYPE: 4/A
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20140905
FILED AS OF DATE: 20140910
DATE AS OF CHANGE: 20140910
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
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Dickson David
CENTRAL INDEX KEY: 0001590535
FILING VALUES:
FORM TYPE: 4/A
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-08430
FILM NUMBER: 141095977
MAIL ADDRESS:
STREET 1: 757 N. ELDRIDGE PARKWAY
CITY: HOUSTON
STATE: TX
ZIP: 77079
4/A
1
edgar.xml
PRIMARY DOCUMENT
X0306
4/A
2014-09-05
2014-09-09
0000708819
MCDERMOTT INTERNATIONAL INC
MDR
0001590535
Dickson David
C/O MCDERMOTT INTERNATIONAL, INC.
757 N. ELDRIDGE PARKWAY
HOUSTON
TX
77079
0
1
0
0
President and CEO
Common Stock
2014-09-05
4
S
0
70000
7.1804
D
396432
D
This footnote is an amendment to the Form 4 filed by Mr. Dickson on 9/9/2014. The shares sold in the transactions reported herein were sold by Mr. Dickson for personal financial management purposes. These shares were acquired on 10/31/2013 pursuant to a restricted stock grant of 537,482 shares that was intended to compensate him for the forfeiture of certain incentives from his former employer. The restrictions on 212,164 of these shares lapsed on 6/15/2014, and Mr. Dickson sold the 70,000 shares reported herein shortly after notification to him of his earliest opportunity to do so in accordance with McDermott's Insider Trading Policy. With the remaining shares owned by him, including unvested restricted stock, RSUs and performance shares, he remains in compliance with McDermott's Stock Ownership Guidelines, which require him to hold shares of McDermott common stock (including unvested shares under outstanding incentive awards) equal to a multiple of five times his base salary.
The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $7.15 to $7.22, inclusive. The reporting person undertakes to provide to McDermott, any security holder of McDermott, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth in this footnote.
Liane K. Hinrichs, by Power of Attorney
2014-09-10