Home/Filings/4/0001530419-15-000010
4//SEC Filing

Babcock & Wilcox Enterprises, Inc. 4

Accession 0001530419-15-000010

$BWCIK 0001630805operating

Filed

Jul 5, 8:00 PM ET

Accepted

Jul 6, 1:19 PM ET

Size

20.0 KB

Accession

0001530419-15-000010

Insider Transaction Report

Form 4
Period: 2015-07-01
Transactions
  • Award

    Restricted Stock Units

    2015-07-01+1,9971,997 total
    Exercise: $0.00Common Stock (1,997 underlying)
  • Award

    Restricted Stock Units

    2015-07-01+1,8531,853 total
    Exercise: $0.00Common Stock (1,853 underlying)
  • Award

    Dividend Equivalent Rights

    2015-07-01+153153 total
    Common Stock (153 underlying)
  • Award

    Restricted Stock Units

    2015-07-01+1,7951,795 total
    Exercise: $0.00Common Stock (1,795 underlying)
  • Award

    Restricted Stock Units

    2015-07-01+2,1762,176 total
    Exercise: $0.00Common Stock (2,176 underlying)
Holdings
  • Common Stock

    1,960
Footnotes (6)
  • [F1]Represents shares received in connection with the pro-rata distribution of BW common stock from The Babcock & Wilcox Company ("BWC") (the "Spin-off") and converted from BWC common stock held by the Reporting Person as of the Spin-off.
  • [F2]Grant of restricted stock units received in connection with the Spin-off and converted from BWC restricted stock units held by the Reporting Person as of the Spin-off. RSU's represent the right to receive one share of BW common stock for each unit that vests.
  • [F3]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 upon the earlier to occur of the reporting person's disability or termination of services on the Board of Directors.
  • [F4]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 6 months following termination of service on the Board of Directors.
  • [F5]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.
  • [F6]The dividend equivalent rights accrued on four restricted stock unit grants of which the reporting person has elected to defer receipt of the shares underlying the RSU's. Each RSU and DER represent a contingent right to receive one share of BW common stock. In accordance with the deferral election, the DERs will be delivered to the reporting person proportionately with the RSU's to which they relate.

Issuer

Babcock & Wilcox Enterprises, Inc.

CIK 0001630805

Entity typeoperating
IncorporatedDE

Related Parties

1
  • filerCIK 0001630805

Filing Metadata

Form type
4
Filed
Jul 5, 8:00 PM ET
Accepted
Jul 6, 1:19 PM ET
Size
20.0 KB