SEC Form 4 · accession 0001707399-17-000004
Babcock & Wilcox Enterprises, Inc. · BW
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Leslie C Kass
Officer — Senior Vice President
Period of report
May 23, 2017
Accepted (ET)
May 25, 2017 · 1:50 pm EDT
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 | May 23, 2017 | A | 6,054 | A | — | May 23, 2020 | Common Stock | 6,054 | 6,054 | 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 May 23, 2018.