4//SEC Filing
Hall J. Andre 4
Accession 0001644999-18-000037
CIK 0001630805other
Filed
Aug 15, 8:00 PM ET
Accepted
Aug 16, 5:15 PM ET
Size
9.9 KB
Accession
0001644999-18-000037
Insider Transaction Report
Form 4
Hall J. Andre
SVP & General Counsel
Transactions
- Exercise/Conversion
Common Stock
2018-08-14+37,552→ 54,309 total - Disposition to Issuer
Common Stock
2018-08-14$2.18/sh−37,552$81,863→ 16,757 total - Exercise/Conversion
Performance Units
2018-08-14−37,552→ 0 totalExp: 2018-08-14→ Common Stock (37,552 underlying)
Holdings
- 162(indirect: By 401(k))
Common Stock
Footnotes (4)
- [F1]Each cash-settled performance unit ("CPU") is the economic equivalent of one share of BW common stock.
- [F2]Each CPU represents the right to receive an amount in cash equal to the "measurement value" of our stock at the time of vesting. Generally, the measurement value is detemined based on the average fair market value of our stock for the 30-day period immediately preceding the vesting date. However, the measurement value will be no less than 75% of the market value of our stock determined as of the grant date of August 14, 2017, and no greater than 150% of the value of our stock determined as of the grant date.
- [F3]Based on number of units held in the BW Thrift Plan and the fair market value of BW common stock as of July 2, 2018.
- [F4]CPUs vest in two installments as follows: 40% on 02/14/2018; 60% on 08/14/2018.
Documents
Issuer
Babcock & Wilcox Enterprises, Inc.
CIK 0001630805
Entity typeother
Related Parties
1- filerCIK 0001644999
Filing Metadata
- Form type
- 4
- Filed
- Aug 15, 8:00 PM ET
- Accepted
- Aug 16, 5:15 PM ET
- Size
- 9.9 KB