Killion Richard L 4
4 · Babcock & Wilcox Co · Filed Mar 12, 2012
Insider Transaction Report
Form 4
Killion Richard L
President - PGG
Transactions
- Exercise/Conversion
Common Stock
2012-03-09$10.58/sh+12,000$126,960→ 51,569 total - Sale
Common Stock
2012-03-09$27.06/sh−12,000$324,720→ 39,569 total - Exercise/Conversion
Stock Options (right to buy)
2012-03-09−12,000→ 14,705 totalExercise: $10.58Exp: 2016-03-05→ Common Stock (12,000 underlying)
Holdings
- 2,106(indirect: By 401(k))
Common Stock
Footnotes (3)
- [F1]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $27.04 to $27.13, inclusive. The reporting person undertakes to provide to The Babcock & Wilcox Company, any security holder of The Babcock & Wilcox Company, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
- [F2]Based on number of units held in the BWC Thrift Plan and the fair market value of BWC common stock as of March 5, 2012.
- [F3]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.