SEC Form 4 · accession 0001681626-18-000009
Babcock & Wilcox Enterprises, Inc. · BW
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Jimmy B Morgan
Officer — Senior Vice President
Period of report
Sep 1, 2018
Accepted (ET)
Sep 4, 2018 · 5:35 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 Stock | Sep 1, 2018 | M | 3,961 | $0.00 | A | 12,029 | D | |
| Common Stock | Sep 1, 2018 | F | 1,185 | $1.40 | D | 10,844 | 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 | $0.00 | Sep 1, 2018 | M | 3,961 | D | — | Sep 1, 2018 | Common Stock | 3,961 | 0 | D |
Explanation of responses
- F1Reflects an increase of 1,094 RSU's awarded on May 1, 2018 as a result of an antidilution adjustment pursuant to the Babcock & Wilcox Enterprises, Inc. Amended and Restated 2015 Long-Term Incentive Plan.
- F2RSUs vest in three annual installments beginning September 1, 2016.