SEC Form 4 · accession 0001692154-19-000002
Babcock & Wilcox Enterprises, Inc. · BW
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
James J. Muckley
Officer — Senior Vice President
Period of report
Mar 1, 2019
Accepted (ET)
Mar 5, 2019 · 5:19 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 | 531 | $0.00 | A | 4,194 | D | |
| Common Stock | Mar 1, 2019 | F | 187 | $0.60 | D | 4,007 | D | |
| Common Stock | Mar 3, 2019 | M | 3,842 | $0.00 | A | 7,849 | D | |
| Common Stock | Mar 3, 2019 | F | 1,359 | $0.60 | D | 6,490 | 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 | 531 | D | — | Mar 1, 2019 | Common Stock | 531 | 0 | D |
| Restricted Stock UnitsF4,F3 | $0.00 | Mar 3, 2019 | M | 3,842 | D | — | Mar 3, 2020 | Common Stock | 3,842 | 3,840 | D |
Explanation of responses
- F1Reflects an increase of 147 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 2,122 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.