SEC Form 4/A · accession 0001584346-17-000006
Babcock & Wilcox Enterprises, Inc. · BW
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
This is an amendment (Form 4/A). It replaces an earlier filing for the same period.
Reporting owner
Mark A Carano
Officer — SVP & Treasurer
Period of report
Mar 2, 2017
Accepted (ET)
Mar 8, 2017 · 12:22 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001630805
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Mar 2, 2017 | M | 248 | $0.00 | A | 11,857 | D | |
| Common StockF1 | Mar 2, 2017 | F | 248 | $10.58 | D | 11,609 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF1,F2,F3 | $0.00 | Mar 2, 2017 | M | 248 | D | — | Mar 2, 2018 | Common Stock | 248 | 7,660 | D |
Explanation of responses
- F1This amendment is filed to correct the number of shares reported on the Reporting Person's Form 4 filed March 3, 2017.
- F2The reporting person elected to defer receipt of all shares underlying the RSUs. On March 2, 2017, 2,718 RSUs vested and 248 of those shares were withheld to fulfill tax obligations. In accordance with his deferral election, vested shares will be delivered to the reporting person in five annual installments beginning six months following termination of employment.
- F3RSUs vest in three equal annual installments beginning March 2, 2016.