SEC Form 4 · accession 0001681629-17-000002
Babcock & Wilcox Enterprises, Inc. · BW
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Francesco Racheli
Officer — Senior Vice President
Period of report
Mar 3, 2017
Accepted (ET)
Mar 6, 2017 · 5:09 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001630805
Table I — non-derivative securities
No Table I lines on this filing.
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 3, 2017 | A | 6,255 | A | — | Mar 3, 2020 | Common Stock | 6,255 | 6,255 | D |
Explanation of responses
- F1Grant of restricted stock units pursuant to the Babcock & Wilcox Enterprises, Inc. Amended and Restated 2015 Long-Term Incentive Plan. Each restricted stock unit represents a contingent right to receive one share of BW common stock.
- F2RSUs vest in three equal annual installments beginning March 3, 2018.