Lees Michael D 4
4 · Babcock & Wilcox Co · Filed Mar 6, 2012
Insider Transaction Report
Form 4
Lees Michael D
President - NE
Transactions
- Exercise/Conversion
Common Stock
2012-03-04+1,675→ 11,635 total - Tax Payment
Common Stock
2012-03-04$26.91/sh−770$20,721→ 10,865 total - Exercise/Conversion
Common Stock
2012-03-04+583→ 11,705 total - Tax Payment
Common Stock
2012-03-04$26.91/sh−268$7,212→ 11,180 total - Exercise/Conversion
Restricted Stock Units
2012-03-04−1,675→ 1,675 totalExercise: $0.00Exp: 2013-03-04→ Common Stock (1,675 underlying) - Exercise/Conversion
Restricted Stock Units
2012-03-04−583→ 1,166 totalExercise: $0.00Exp: 2014-03-04→ Common Stock (583 underlying)
Footnotes (3)
- [F1]Each restricted stock unit represents a contingent right to receive one share of BWC common stock.
- [F2]RSUs vest in three equal annual installments beginning March 4, 2011.
- [F3]RSUs vest in three equal annual installments beginning March 4, 2012.