SEC Form 4 · accession 0001644925-17-000003
Babcock & Wilcox Enterprises, Inc. · BW
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Jenny L Apker
Officer — Senior Vice President and CFO
Period of report
Mar 1, 2017
Accepted (ET)
Mar 3, 2017 · 4:15 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 Stock | Mar 1, 2017 | M | 2,301 | $0.00 | A | 27,528 | D | |
| Common Stock | Mar 1, 2017 | F | 865 | $10.33 | D | 26,663 | D | |
| Common Stock | Mar 2, 2017 | M | 1,374 | $0.00 | A | 28,037 | D | |
| Common Stock | Mar 2, 2017 | F | 440 | $10.58 | D | 27,597 | D | |
| Common StockF1 | holding | — | — | — | 512 | I | 401k Plan |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF2 | $0.00 | Mar 1, 2017 | M | 2,301 | D | — | Mar 1, 2019 | Common Stock | 2,301 | 4,602 | D |
| Restricted Stock UnitsF3 | $0.00 | Mar 2, 2017 | M | 1,374 | D | — | Mar 2, 2018 | Common Stock | 1,374 | 1,375 | D |
Explanation of responses
- F1Based on number of units held in the BW Thrift Plan and the fair market value of BW common stock as of March 1, 2017.
- F2RSUs vest in three equal annual installments beginning March 1, 2017.
- F3RSUs vest in three equal annual installments beginning March 2, 2016.