SEC Form 4 · accession 0001644999-18-000019
Babcock & Wilcox Enterprises, Inc. · BW
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
J. Andre Hall
Officer — SVP & General Counsel
Period of report
Mar 2, 2018
Accepted (ET)
Mar 6, 2018 · 5:31 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 2, 2018 | M | 3,929 | $0.00 | A | 11,228 | D | |
| Common Stock | Mar 2, 2018 | F | 1,140 | $5.53 | D | 10,088 | D | |
| Common Stock | Mar 3, 2018 | M | 4,518 | $0.00 | A | 14,606 | D | |
| Common Stock | Mar 3, 2018 | F | 1,351 | $5.53 | D | 13,255 | D | |
| Common StockF1 | holding | — | — | — | 161 | 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 2, 2018 | M | 2,970 | D | — | Mar 2, 2018 | Common Stock | 2,970 | 0 | D |
| Restricted Stock UnitsF3 | $0.00 | Mar 2, 2018 | M | 959 | D | — | Mar 2, 2018 | Common Stock | 959 | 0 | D |
| Restricted Stock UnitsF4 | $0.00 | Mar 3, 2018 | M | 4,518 | D | — | Mar 3, 2020 | Common Stock | 4,518 | 9,036 | 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 February 28, 2018.
- F2100% of the RSUs vest on March 2, 2018.
- F3RSUs vest in three equal annual installments beginning March 2, 2016.
- F4RSUs vest in three equal annual installments beginning March 3, 2018.