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Filing Details

Accession Number:: 0001144204-17-048719
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2017-09-19 17:57:06
Reporting Period:: 2017-09-13

Accepted Time:: 2017-09-19 17:57:06
SEC Url:: Form 4 Filing

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
1630805	Babcock & Wilcox Enterprises Inc.	BW	()	DE

Insiders

Cik	Name	Reported Address	Director	Officer	Large Shareholder	Other
1099408	Kahn Capital Management Llc	4705 S. Apopka Vineland Road Suite 206 Orlando FL 32819	No	No	Yes	No
1455976	Randall Brian Kahn	4705 S. Apopka Vineland Road Suite 206 Orlando FL 32819	No	No	Yes	No
1511498	Vintage Capital Management Llc	4705 S Apopka Vineland Road Suite 206 Orlando FL 32819	No	No	Yes	No

Reported Non-Derivative Transactions

Show Other Fields >>

Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
Common Stock	Acquisiton	2017-09-13	622,798	$3.02	5,535,853	No	4	P	Indirect	Please see footnotes
Common Stock	Acquisiton	2017-09-14	1,064,147	$3.15	6,600,000	No	4	P	Indirect	Please see footnotes

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	P	Indirect	Please see footnotes
No	4	P	Indirect	Please see footnotes

Footnotes

This sale price represents the weighted average sale price of the shares sold ranging from $2.905 to $3.09 per share, inclusive. Upon request by the staff of the Securities and Exchange Commission (the "SEC"), by Babcock & Wilcox Enterprises, Inc. (the "Issuer"), or by a security holder of the Issuer, the Reporting Persons will provide full information regarding the number of shares sold at each separate price within the range set forth in this Form 4.
In addition to Vintage Capital Management, LLC, a Delaware limited liability company ("Vintage Capital"), this Form 3 is being filed jointly by Kahn Capital Management, LLC, a Delaware limited liability company ("Kahn Capital"), and Brian R. Kahn, a citizen of the United States of America, each of whom has the same business address as Vintage Capital. Vintage Capital beneficially owns the shares of common stock, par value $0.01 per share ("Common Stock"), of the Issuer. Vintage Capital serves as investment adviser to investment funds and managed accounts (collectively, the "Accounts"), and may be deemed to have beneficial ownership over the shares of Common Stock held for the Accounts.
(Continued From footnote 1) Kahn Capital, as a member and the majority owner of Vintage Capital, may be deemed to have the power to direct the voting and disposition of the shares of Common Stock beneficially owned by Vintage Capital, and may be deemed to be the indirect beneficial owner of such shares. Kahn Capital disclaims beneficial ownership of such shares for all other purposes, except to the extent of its pecuniary interest therein. Mr. Kahn, as the manager of each of Vintage Capital and Kahn Capital, may be deemed to have the power to direct the voting and disposition of the shares of Common Stock beneficially owned by Vintage Capital, and may be deemed to be the indirect beneficial owner of such shares. Mr. Kahn disclaims beneficial ownership of such shares for all other purposes, except to the extent of his pecuniary interest therein.
This sale price represents the weighted average sale price of the shares sold ranging from $3.02 to $3.22 per share, inclusive. Upon request by the staff of the SEC, by the Issuer, or by a security holder of the Issuer, the Reporting Persons will provide full information regarding the number of shares sold at each separate price within the range set forth in this Form 4.