Babcock & Wilcox Enterprises, Inc. 4
4 · Babcock & Wilcox Enterprises, Inc. · Filed Mar 7, 2017
Insider Transaction Report
Form 4
Low Mark S
Senior Vice President
Transactions
- Exercise/Conversion
Common Stock
2017-03-03+2,111→ 12,145 total - Tax Payment
Common Stock
2017-03-03$10.49/sh−810$8,497→ 11,335 total - Award
Restricted Stock Units
2017-03-03+16,683→ 16,683 totalExercise: $0.00Exp: 2020-03-03→ Common Stock (16,683 underlying) - Exercise/Conversion
Restricted Stock Units
2017-03-03−306→ 0 totalExercise: $0.00Exp: 2017-03-03→ Common Stock (306 underlying) - Exercise/Conversion
Restricted Stock Units
2017-03-03−1,805→ 0 totalExercise: $0.00Exp: 2017-03-03→ Common Stock (1,805 underlying)
Holdings
- 630(indirect: By 401(k))
Common Stock
Footnotes (6)
- [F1]Based on number of units held in the BW Thrift Plan and the fair market value of BW common stock as of March 1, 2017.
- [F2]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.
- [F3]RSUs vest in three equal annual installments beginning March 3, 2018.
- [F4]The Form 4 filed on July 6, 2015 incorrectly reported the grant amount of this RSU award as 611. The correct amount was 612. Therefore, in Column 9 on the Form 4 filed on March 4, 2016 reporting the lapse of 306 RSUs, the number of RSUs beneficially owned following the reported transaction should have been 306.
- [F5]RSUs vest in two annual installments beginning March 3, 2016.
- [F6]100% of the RSUs vest on March 3, 2017.