SEC Form 4 · accession 0001645021-18-000002
Babcock & Wilcox Enterprises, Inc. · BW
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Cynthia S Dubin
Director
Period of report
Apr 30, 2018
Accepted (ET)
May 2, 2018 · 3:52 pm EDT
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 | Apr 30, 2018 | X | 55,104 | $2.00 | A | 74,784 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Subscription rights (right to buy)F1 | $2.00 | Apr 30, 2018 | X | 19,680 | D | Mar 15, 2018 | Apr 30, 2018 | Common Stock | 55,104 | 0 | D |
Explanation of responses
- F1The reporting person exercised 19,680 subscription rights (each subscription right entitling the reporting person to purchase 2.8 shares of Babcock & Wilcox Enterprises, Inc. ("BW") common stock, par value $0.01 per share, at a subscription price of $2.00 per share), issued on a pro rata basis to holders of BW common stock on March 15, 2018.