Cochran S Robert 4

Accession 0001492602-10-000004

CIK 0001486957other

View on SEC.gov Company Profile

Filed

Aug 10, 8:00 PM ET

Accepted

Aug 11, 9:40 PM ET

Size

28.3 KB

Accession

0001492602-10-000004

Insider Transaction Report

Form 4

Period: 2010-08-09

Babcock & Wilcox CoBWC

Cochran S Robert

President - TSG

Transactions

Award
Restricted Stock Units
2010-08-09+8,588→ 8,588 total
Exercise: $0.00Exp: 2011-03-03→ Common Stock (8,588 underlying)
Award
Restricted Stock Units
2010-08-09+10,429→ 10,429 total
Exercise: $0.00Exp: 2012-03-05→ Common Stock (10,429 underlying)
Exercise/Conversion
Restricted Stock Units
2010-08-09−3,100→ 0 total
Exercise: $0.00Exp: 2010-08-09→ Common Stock (3,100 underlying)
Award
Common Stock
2010-08-09+793→ 7,923 total
Award
Stock Options (right to buy)
2010-08-02+12,178→ 12,178 total
Exercise: $24.55Exp: 2017-03-04→ Common Stock (12,178 underlying)
Award
Restricted Stock Units
2010-08-09+9,053→ 9,053 total
Exercise: $0.00Exp: 2012-03-05→ Common Stock (9,053 underlying)
Exercise/Conversion
Common Stock
2010-08-09+3,100→ 11,023 total
Award
Restricted Stock Units
2010-08-09+8,212→ 8,212 total
Exercise: $0.00Exp: 2013-03-04→ Common Stock (8,212 underlying)
Award
Restricted Stock Units
2010-08-09+3,100→ 3,100 total
Exercise: $0.00Exp: 2010-08-09→ Common Stock (3,100 underlying)
Disposition to Issuer
Common Stock
2010-08-09$23.76/sh−3,100$73,656→ 7,923 total
Award
Stock Options (right to buy)
2010-08-02+22,197→ 22,197 total
Exercise: $10.58Exp: 2016-03-05→ Common Stock (22,197 underlying)

Holdings

Common Stock
(indirect: By 401(k))
321

Footnotes (14)

[F1]Grant of restricted stock received in connection with the pro-rata distribution of BWC common stock from McDermott International, Inc. ("MII") (the "Spin-off") and converted from MII restricted stock held by the Reporting Person as of the Spin-off.
[F10]Grant of restricted stock units received in connection with the Spin-off and converted from MII restricted stock units held by the Reporting Person as of the Spin-off. RSUs represent the right to receive one share of BWC common stock for each unit that vests.
[F11]RSUs vest in three equal annual installments beginning March 4, 2011.
[F12]RSUs vest in two equal annual installments beginning March 5, 2011.
[F13]Grant of restricted stock units received in connection with the Spin-off and converted from MII restricted stock units held by the Reporting Person as of the Spin-off. These RSUs represent the right to receive a cash payment equal to the product of that number of units that vest and the fair market value of BWC common stock on the vest date.
[F14]The RSUs vested on August 9, 2010.
[F2]Includes shares of BWC common stock acquired in the spin-off.
[F3]Based on number of units held in the BWC Thrift Plan and the fair market value of BWC common stock as of August 9, 2010.
[F4]Grant of stock options received in connection with the Spin-off and converted from MII stock options held by the Reporting Person as of the Spin-off.
[F5]Stock options vest in three equal annual installments beginning March 4, 2011.
[F6]1/3 of the stock options vested on March 5, 2010 and the remainder will vest in two equal annual installments beginning March 5, 2011.
[F7]Grant of restricted stock units received in connection with the Spin-off and converted from MII performance shares held by the Reporting Person as of the Spin-off. RSU represent the right to receive one share of BWC common stock for each unit that vests.
[F8]100% of the RSUs vest on March 5, 2012.
[F9]100% of the RSUs vest on March 3, 2011.

Documents

1 file

4
edgar.xmlPrimary
PRIMARY DOCUMENT

Issuer

Babcock & Wilcox Co

CIK 0001486957

→

Entity typeother

Related Parties

filerCIK 0001492602

Filing Metadata

Form type: 4
Filed: Aug 10, 8:00 PM ET
Accepted: Aug 11, 9:40 PM ET
Size: 28.3 KB

View on SEC.gov