Babcock & Wilcox Co 4
4 · Babcock & Wilcox Co · Filed May 12, 2015
Insider Transaction Report
Form 4
Christopher Thomas A.
Director
Transactions
- Award
Restricted Stock Units
2015-05-11+3,590→ 3,590 totalExercise: $0.00→ Common Stock (3,590 underlying)
Footnotes (2)
- [F1]Grant of restricted stock units pursuant to the Amended and Restated 2010 Long-Term Incentive Plan of The Babcock & Wilcox Company. Each restricted stock unit represents a contingent right to receive one share of BWC common stock.
- [F2]RSU's vested immediately. The reporting person elected to defer receipt of shares underlying the RSU's. In accordance with his deferral election, vested shares will be delivered to the reporting person in one lump sum following termination of service on the Board of Directors.