Kass Leslie C 4
4 · Babcock & Wilcox Enterprises, Inc. · Filed May 2, 2018
Insider Transaction Report
Form 4
Kass Leslie C
Senior Vice President
Transactions
- Exercise of In-Money
Common Stock
2018-04-30$2.00/sh+34,848$69,696→ 47,294 total - Exercise of In-Money
Subscription rights (right to buy)
2018-04-30−12,446→ 0 totalExercise: $2.00From: 2018-03-15Exp: 2018-04-30→ Common Stock (34,848 underlying)
Holdings
- 240(indirect: By 401(k))
Common Stock
Footnotes (2)
- [F1]The reporting person exercised 12,446 subscription rights (each subscription right entitling the reporting person to purchase 2.8 shares of Babcock & Wilcox Enterprises, Inc. ("BW") common stock, par value $0.01 per share, at a subscription price of $2.00 per share), issued on a pro rata basis to holders of BW common stock on March 15, 2018.
- [F2]Based on number of units held in the BW Thrift Plan and the fair market value of BW common stock as of February 28, 2018.