Filing Details
- Accession Number:
- 0001444483-11-000004
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2011-03-08 12:00:00
- Reporting Period:
- 2011-03-04
- Filing Date:
- 2011-03-08
- Accepted Time:
- 2011-03-08 20:07:48
- SEC Url:
- Form 4 Filing
Issuer
| Cik | Name | Symbol | Sector (SIC) | IRS No |
|---|---|---|---|---|
| 1486957 | Babcock & Wilcox Co | BWC | Engines & Turbines (3510) | 800558025 |
Insiders
| Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
|---|---|---|---|---|---|---|---|
| 1444483 | C. Brandon Bethards | 13024 Ballantyne Corporate Place Suite 700 Charlotte NC 28277 | President And Ceo | Yes | Yes | No | No |
Reported Non-Derivative Transactions
| Sec. Name | Acquisiton - Disposition | Date | Amount | Price | Remaning Holdings | Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|---|---|---|---|---|---|
| Common Stock | Acquisiton | 2011-03-04 | 25,166 | $24.55 | 130,458 | No | 4 | M | Direct | |
| Common Stock | Disposition | 2011-03-04 | 25,166 | $0.00 | 105,292 | No | 4 | S | Direct | |
| Common Stock | Acquisiton | 2011-03-04 | 16,971 | $0.00 | 122,263 | No | 4 | M | Direct | |
| Common Stock | Disposition | 2011-03-04 | 5,507 | $34.55 | 116,756 | No | 4 | F | Direct | |
| Common Stock | Acquisiton | 2011-03-05 | 17,029 | $0.00 | 133,785 | No | 4 | M | Direct | |
| Common Stock | Disposition | 2011-03-05 | 7,228 | $34.55 | 126,557 | No | 4 | F | Direct | |
| Common Stock | Acquisiton | 2011-03-05 | 13,074 | $0.00 | 139,631 | No | 4 | M | Direct | |
| Common Stock | Disposition | 2011-03-05 | 5,549 | $34.55 | 134,082 | No | 4 | F | Direct | |
| Common Stock | Acquisiton | 2011-03-07 | 24,164 | $10.58 | 158,246 | No | 4 | M | Direct | |
| Common Stock | Disposition | 2011-03-07 | 24,164 | $0.00 | 134,082 | No | 4 | S | Direct |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | M | Direct | |
| No | 4 | S | Direct | |
| No | 4 | M | Direct | |
| No | 4 | F | Direct | |
| No | 4 | M | Direct | |
| No | 4 | F | Direct | |
| No | 4 | M | Direct | |
| No | 4 | F | Direct | |
| No | 4 | M | Direct | |
| No | 4 | S | Direct |
Reported Derivative Transactions
| Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
|---|---|---|---|---|---|---|---|
| Common Stock | Stock Options (right to buy) | Disposition | 2011-03-04 | 25,166 | $0.00 | 25,166 | $24.55 |
| Common Stock | Restricted Stock Units | Disposition | 2011-03-04 | 16,971 | $0.00 | 16,971 | $0.00 |
| Common Stock | Restricted Stock Units | Acquisiton | 2011-03-04 | 26,241 | $0.00 | 26,241 | $0.00 |
| Common Stock | Stock Options (right to buy) | Acquisiton | 2011-03-04 | 82,911 | $0.00 | 82,911 | $34.55 |
| Common Stock | Restricted Stock Units | Disposition | 2011-03-05 | 17,029 | $0.00 | 17,029 | $0.00 |
| Common Stock | Restricted Stock Units | Disposition | 2011-03-05 | 13,074 | $0.00 | 13,074 | $0.00 |
| Common Stock | Stock Options (right to buy) | Disposition | 2011-03-07 | 24,164 | $0.00 | 24,164 | $10.58 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 50,330 | 2017-03-04 | No | 4 | M | Direct | |
| 33,944 | 2013-03-04 | No | 4 | M | Direct | |
| 26,241 | 2014-03-04 | No | 4 | A | Direct | |
| 82,911 | 2018-03-04 | No | 4 | A | Direct | |
| 8,514 | 2012-03-05 | No | 4 | M | Direct | |
| 6,735 | 2012-03-05 | No | 4 | M | Direct | |
| 24,164 | 2016-03-05 | No | 4 | M | Direct |
Reported Non-Derivative Holdings
| Sec. Name | Remaning Holdings | Nature of Ownership | Explanation |
|---|---|---|---|
| Common Stock | 374 | Indirect | 401k Plan |
Footnotes
- 25,166 shares sold on March 4, 2011 as follows: 10,620 @ $34.55; 2,204 @ $34.5505; 5,000 @ $34.5511; 942 @ $34.5521; 1,100 @ $34.5591; 1,410 @ $34.56; 390 @ $34.5626; 500 @ $34.5685; 700 @ $34.57; 800 @ $34.58; 100 @ $34.59; 400 @ $34.5962; 800 @ $34.60; 200 @ 35.00.
- 24,164 shares sold on March 7, 2011 as follows: 2,500 @ $34.3052; 3,002 @ $34.3073; 5,251 @ $34.3531; 700 @ $34.3943; 200 @ $34.3975; 200 @ $34.40; 600 @ $34.41; 200 @ $34.42; 1,600 @ $34.4537; 600 @ $34.52; 2,511 @ $34.60; 500 @ $34.6040; 600 @ $34.6050; 1,800 @ $34.6061; 300 @ $34.61; 400 @ $34.6150; 500 @ $34.62; 100 @ $34.63; 1,300 @ $34.6323; 1,100 @ $34.65; 200 @ $34.66.
- Based on number of units held in the BWC Thrift Plan and the fair market value of BWC common stock as of March 4, 2011.
- Stock options vest in three equal annual installments beginning March 4, 2011.
- Each restricted stock unit represents a contingent right to receive one share of BWC common stock.
- RSUs vest in three equal annual installments beginning March 4, 2011.
- 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.
- RSUs vest in three equal annual installments beginning March 4, 2012.
- Grant of stock options pursuant to the Amended and Restated 2010 Long-Term Incentive Plan of The Babcock & Wilcox Company.
- Stock options vest in three equal annual installments beginning March 4, 2012.
- RSUs vest in two equal annual installments beginning March 5, 2011.
- In accordance with the terms of the award, a portion of the RSUs were subject to accelerated vesting.
- 100% of the RSUs vest on March 5, 2012.
- Stock options vest in two equal annual installments beginning March 5, 2011.
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