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UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940 |
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Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | |||
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number. | SEC 1474 (9-02) |
1. Title of Derivative Security (Instr. 3) |
2. Conversion or Exercise Price of Derivative Security | 3. Transaction Date (Month/Day/Year) | 3A. Deemed Execution Date, if any (Month/Day/Year) | 4. Transaction Code (Instr. 8) |
5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4, and 5) |
6. Date Exercisable and Expiration Date (Month/Day/Year) |
7. Title and Amount of Underlying Securities (Instr. 3 and 4) |
8. Price of Derivative Security (Instr. 5) |
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) |
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) |
11. Nature of Indirect Beneficial Ownership (Instr. 4) |
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Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||||||
Stock Option (Right to Buy) | $ 4.8333 (6) | 10/01/2007 | M(1) | 140,000 (6) | (7) | 03/06/2012 | Common Stock | 140,000 (6) | $ 0 | 318,100 (6) | D |
Reporting Owner Name / Address | Relationships | |||
Director | 10% Owner | Officer | Other | |
WILKINSON BRUCE W C/O MCDERMOTT INTERNATIONAL, INC. 777 N. ELDRIDGE PARKWAY HOUSTON, TX 77079 |
X | Chairman and CEO |
Robert E. Stumpf, by power of attorney | 10/03/2007 | |
**Signature of Reporting Person | Date |
* | If the form is filed by more than one reporting person, see Instruction 4(b)(v). |
** | Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). |
(1) | The sale and underlying exercise reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on March 6, 2007. |
(2) | The stock was sold in multiple transactions at the following prices: 5,300 @ $53.85; 200 @ $54.58; 300 @ $54.62; 200 @ $54.65; 900 @ $54.68; 300 @ $54.70; 900 @ $54.79; 300 @ $54.82; 600 @ $54.86; 600 @ $54.87; 200 @ $54.92; 200 @ $54.92; 600 @ $54.93; 200 @ $54.96; 2,100 @ $54.99; 300 @ $55.01; 600 @ $55.02; 300 @ $55.04; 1,500 @ $55.05; 1,200 @ $55.06; 600 @ $55.07; 300 @ $55.09; 600 @ $55.11; 300 @ $55.12; 1,200 @ $55.13; 300 @ $55.14; 400 @ $55.15; 1,000 @ $55.16; 800 @ $55.17; 300 @ $55.19; 600 @ $55.23; 1,500 @ $55.24; 3,900 @ $55.25; 5,297 @ $55.26; 3,250 @ $55.27; 900 @ $55.28; 1,200 @ $55.29; 1,600 @ $55.30; 500 @ $55.31; 1,500 @ $55.32; 100 @ $55.33; 800 @ $55.34; 1,200 @ $55.35; 600 @ $55.36; 1,600 @ $55.37; 4,900 @ $55.38; 8,800 @ $55.39; 2,761 @ $55.40; 1,800 @ $55.41; 1,750 @ $55.42; 2,450 @ $55.43; 1,100 @ $55.44; 2,518 @ $55.45; 2,949 @ $55.46; 1,760 @ $55.47; 2,106 @ $55.48; 2,473 @ $55.49; 2,100 @ $55.50; 3,144 @ $55.51; continued on footnote no. 3 |
(3) | continued from footnote no. 2; 55 @ $55.52; 1,935 @ $55.53; 1,912 @ $55.54; 1,653 @ $55.55; 1,100 @ $55.56; 2,147 @ $55.57; 1,053 @ $55.58; 2,000 @ $55.59; 800 @ $55.60; 900 @ $55.61; 2,221 @ $55.62; 2,389 @ $55.63; 1,278 @ $55.64; 686 @ $55.65; 1,226 @ $55.66; 1,366 @ $55.67; 1,234 @ $55.68; 2,770 @ $55.69; 1,049 @ $55.70; 1,281 @ $55.71; 995 @ $55.72; 1,939 @ $55.73; 166 @ $55.74; 500 @ $55.76; 1,098 @ $55.77; 1,274 @ $55.78; 600 @ $55.79; 300 @ $55.80; 300 @ $55.81; 1,295 @ $55.82; 1,005 @ $55.83; 30 @ $55.84; 470 @ $55.85; 1,000 @ $55.86; 680 @ $55.87; 1,520 @ $55.88; 400 @ $55.89; 300 @ $55.90; 1,170 @ $55.92; 130 @ $55.93; 300 @ $55.94; 300 @ $55.97; 880 @ $55.98; 1,622 @ $55.99; 1,798 @ $56.00; 1,900 @ $56.01; 600 @ $56.02; 25 @ $56.03; 300 @ $56.04 and 490 @ $56.05; |
(4) | The reporting person's ownership of common stock has been adjusted to reflect the 2-for-1 stock split that occurred on September 10, 2007. |
(5) | Based upon units held in 401K Plan and the fair market value of Common Stock as of October 1, 2007. |
(6) | This option was originally reported as covering 200,000 at an exercise price $14.50, but has been adjusted to reflect the 3-for-2 stock split that occurred on May 31, 2006 and the 2-for-1 stock split that occurred on September 10, 2007. |
(7) | This option vested in three equal installments on March 6, 2003, 2004 and 2005. |