SEC Form 4 · accession 0001681626-19-000002
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
Mar 1, 2019
Accepted (ET)
Mar 5, 2019 · 3:35 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, 2019 | M | 1,060 | $0.00 | A | 11,904 | D | |
| Common Stock | Mar 1, 2019 | F | 370 | $0.60 | D | 11,534 | D | |
| Common Stock | Mar 3, 2019 | M | 6,243 | $0.00 | A | 17,777 | D | |
| Common Stock | Mar 3, 2019 | F | 2,183 | $0.60 | D | 15,594 | 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 | Mar 1, 2019 | M | 1,060 | D | — | Mar 1, 2019 | Common Stock | 1,060 | 0 | D |
| Restricted Stock UnitsF4,F3 | $0.00 | Mar 3, 2019 | M | 6,243 | D | — | Mar 3, 2020 | Common Stock | 6,243 | 6,242 | D |
Explanation of responses
- F1Reflects an increase of 293 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 equal annual installments beginning March 1, 2017.
- F3RSUs vest in three equal annual installments beginning March 3, 2018.
- F4Reflects an increase of 3,449 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.