Babcock & Wilcox Enterprises, Inc. 4
4 · Babcock & Wilcox Enterprises, Inc. · Filed May 15, 2017
Insider Transaction Report
Form 4
Christopher Thomas A.
Director
Transactions
- Award
Restricted Stock Units
2017-05-12+9,125→ 9,125 totalExercise: $0.00→ Common Stock (9,125 underlying)
Footnotes (2)
- [F1]Grant of restricted stock units pursuant to the Babcock & Wilcox Enterprises, Inc. Amended and Restated 2015 Long-Term Incentive Plan. Each restricted stock unit represents a contingent right to receive one share of BW 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 two years following termination of service on the Board of Directors.