Filing Details

Accession Number:
0000921895-19-002057
Form Type:
4
Zero Holdings:
No
Publication Time:
2019-07-26 18:07:24
Reporting Period:
2019-07-24
Accepted Time:
2019-07-26 18:07:24
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1630805 Babcock & Wilcox Enterprises Inc. BW Oil & Gas Field Services, Nec (1389) DE
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
709804 Steel Excel Inc. C/O Steel Partners Holdings L.p.
590 Madison Avenue, 32Nd Floor
New York NY 10022
No No Yes No
1452857 L.p. Holdings Partners Steel 590 Madison Avenue, 32Nd Floor
New York NY 10022
No No Yes No
1522066 Sph Group Holdings Llc C/O Steel Partners Holdings L.p.
590 Madison Avenue, 32Nd Floor
New York NY 10022
No No Yes No
1522067 Sph Group Llc C/O Steel Partners Holdings L.p.
590 Madison Avenue, 32Nd Floor
New York NY 10022
No No Yes No
1537666 Steel Partners Holdings Gp Inc. 590 Madison Avenue
32Nd Floor
New York NY 10022
No No Yes 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, Par Value $0.01 Disposition 2019-07-24 12,987 $3.83 5,942,741 No 4 S Indirect By Steel Excel Inc.
Common Stock, Par Value $0.01 Disposition 2019-07-25 105,124 $3.73 5,837,617 No 4 S Indirect By Steel Excel Inc.
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 S Indirect By Steel Excel Inc.
No 4 S Indirect By Steel Excel Inc.
Footnotes
  1. This Form 4 is filed jointly by Steel Partners Holdings L.P. ("Steel Holdings"), SPH Group LLC ("SPHG"), SPH Group Holdings LLC ("SPHG Holdings"), Steel Partners Holdings GP Inc. ("Steel Holdings GP") and Steel Excel Inc. ("Steel Excel") (collectively, the "Reporting Persons"). Steel Holdings owns 99% of the membership interests of SPHG. SPHG is the sole member of SPHG Holdings. Steel Holdings GP is the general partner of Steel Holdings, the managing member of SPHG and the manager of SPHG Holdings. SPHG Holdings owns 100% of the outstanding shares of common stock of Steel Excel. Each of the Reporting Persons may be deemed to be a member of a Section 13(d) group that collectively owns more than 10% of the Issuer's outstanding shares of Common Stock. All share amounts reported in this Form 4 reflect the 1-for-10 reverse stock split of the Issuer's Common Stock effected by the Issuer on July 24, 2019.
  2. Represents securities owned directly by Steel Excel. By virtue of their relationships with Steel Excel discussed in Footnote 1, each of Steel Holdings, SPHG, SPHG Holdings and Steel Holdings GP may be deemed to beneficially own the securities owned directly by Steel Excel. Each of Steel Holdings, SPHG, SPHG Holdings and Steel Holdings GP disclaims beneficial ownership of the securities owned directly by Steel Excel, except to the extent of its pecuniary interest therein.