Salomone Mary P 4
4 · Babcock & Wilcox Co · Filed Mar 7, 2013
Insider Transaction Report
Form 4
Salomone Mary P
Chief Operating Officer
Transactions
- Exercise/Conversion
Restricted Stock Units
2013-03-05−127→ 11,483 totalExercise: $0.00Exp: 2015-03-05→ Common Stock (127 underlying) - Exercise/Conversion
Common Stock
2013-03-05+127→ 17,357 total - Tax Payment
Common Stock
2013-03-05$27.30/sh−127$3,467→ 17,230 total
Holdings
- 838(indirect: By 401(k))
Common Stock
Footnotes (3)
- [F1]Based on number of units held in the BWC Thrift Plan and the fair market value of BWC common stock as of March 4, 2013.
- [F2]The reporting person elected to defer receipt of all shares underlying the RSUs. On March 5, 2013, 3,870 RSUs vested and 127 of those shares were withheld to fulfill tax obligations. In accordance with her deferral election, vested shares will be delivered to the reporting person in five annual installments beginning January 1, 2016; provided that vested shares will be delivered in five annual installments upon the earlier to occur of the reporting person's death, disability or temination of employment.
- [F3]RSUs vest in three equal annual installments beginning March 5, 2013.