Home/Filings/4/0001534801-15-000002
4//SEC Filing

Babcock & Wilcox Co 4

Accession 0001534801-15-000002

$BWXTCIK 0001486957operating

Filed

Mar 3, 7:00 PM ET

Accepted

Mar 4, 6:46 PM ET

Size

16.7 KB

Accession

0001534801-15-000002

Insider Transaction Report

Form 4
Period: 2015-03-02
Transactions
  • Exercise/Conversion

    Common Stock

    2015-03-03+10929,614 total
  • Award

    Restricted Stock Units

    2015-03-02+11,36411,364 total
    Exercise: $0.00Exp: 2018-03-02Common Stock (11,364 underlying)
  • Award

    Stock Options (right to buy)

    2015-03-02+63,31563,315 total
    Exercise: $30.92Exp: 2025-03-02Common Stock (63,315 underlying)
  • Exercise/Conversion

    Restricted Stock Units

    2015-03-031098,033 total
    Exercise: $0.00Exp: 2017-03-03Common Stock (109 underlying)
  • Tax Payment

    Common Stock

    2015-03-03$30.75/sh109$3,35229,505 total
  • Award

    Restricted Stock Units

    2015-03-02+11,73111,731 total
    Exercise: $0.00Exp: 2018-03-02Common Stock (11,731 underlying)
Holdings
  • Common Stock

    (indirect: By 401(k))
    990
Footnotes (8)
  • [F1]Based on number of units held in the BWC Thrift Plan and the fair market value of BWC common stock as of March 2, 2015.
  • [F2]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.
  • [F3]100% of the RSUs vest on March 2, 2018.
  • [F4]RSUs vest in three equal annual installments beginning March 2, 2016.
  • [F5]Grant of stock options pursuant to the Amended and Restated 2010 Long-Term Incentive Plan of The Babcock & Wilcox Company.
  • [F6]Stock options vest in three equal annual installments beginning March 2, 2016.
  • [F7]The reporting person elected to defer receipt of all shares underlying the RSUs. On March 3, 2015, 2,714 RSUs vested and 109 of those shares were withheld to fulfill tax obligations. In accordance with his deferral election, vested shares will be delivered to the reporting person in one lump sum one year following termination of employment.
  • [F8]RSUs vest in three equal annual installments beginning March 3, 2015.

Issuer

Babcock & Wilcox Co

CIK 0001486957

Entity typeoperating
IncorporatedDE

Related Parties

1
  • filerCIK 0001486957

Filing Metadata

Form type
4
Filed
Mar 3, 7:00 PM ET
Accepted
Mar 4, 6:46 PM ET
Size
16.7 KB