SEC Form 4 · accession 0001726956-18-000004
Babcock & Wilcox Enterprises, Inc. · BW
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Henry E Bartoli
Director
Period of report
Jan 3, 2018
Accepted (ET)
Jan 5, 2018 · 1:57 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 | Jan 3, 2018 | M | 8,232 | $0.00 | A | 8,232 | 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 UnitsF2 | $0.00 | Jan 3, 2018 | A | 8,232 | A | — | Jan 3, 2018 | Common Stock | 8,232 | 8,232 | D |
| Restricted Stock UnitsF2 | $0.00 | Jan 3, 2018 | M | 8,232 | D | — | Jan 3, 2018 | Common Stock | 8,232 | 0 | 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.
- F2100% of the RSUs vest immediately.