Filing Details
- Accession Number:
- 0000899243-20-024497
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2020-09-08 16:12:11
- Reporting Period:
- 2020-08-25
- Accepted Time:
- 2020-09-08 16:12:11
- SEC Url:
- Form 4 Filing
Issuer
Cik | Name | Symbol | Sector (SIC) | IRS No |
---|---|---|---|---|
1630805 | Babcock & Wilcox Enterprises Inc. | BW | () | 4 |
Insiders
Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
---|---|---|---|---|---|---|---|
1365572 | M Kenneth Young | 1200 East Market Street Akron OH 44305 | Chief Executive Officer | 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 | 2020-09-04 | 30,000 | $2.44 | 50,000 | No | 4 | P | Indirect | See Note |
Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|
No | 4 | P | Indirect | See Note |
Reported Derivative Transactions
Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
---|---|---|---|---|---|---|---|
Common Stock | Restricted Stock Units | Acquisiton | 2020-08-25 | 200,000 | $0.00 | 200,000 | $0.00 |
Common Stock | Performance Stock Units | Acquisiton | 2020-08-25 | 250,000 | $0.00 | 250,000 | $0.00 |
Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
---|---|---|---|---|---|---|
200,000 | No | 4 | A | Direct | ||
250,000 | 2025-08-24 | No | 4 | A | Direct |
Reported Non-Derivative Holdings
Sec. Name | Remaning Holdings | Nature of Ownership | Explanation |
---|---|---|---|
Common Stock | 29,240 | Direct |
Footnotes
- The price reported is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $2.39 to $2.47, inclusive. The reporting person undertakes to provide full information regarding the number of shares purchased at a particular price upon request from SEC staff, the issuer or a shareholder of issuer.
- Held of record by the Kenneth M. Young Revocable Trust U/A 5/8/15.
- Each restricted stock unit ("RSU") is granted pursuant to the Babcock & Wilcox Enterprises, Inc. Amended and Restated 2015 Long-Term Incentive Plan and represents a contingent right to receive one share of common stock.
- RSUs vest in three annual installments beginning on August 25, 2021.
- Each performance stock unit ("PSU") is granted pursuant to the Babcock & Wilcox Enterprises, Inc. Amended and Restated 2015 Long-Term Incentive Plan and represents a contingent right to receive one share of common stock.
- 100% of PSUs vest immediately upon the company's common stock achieving a market price of $7.00 per share at the end of any trading day during the period from August 25, 2020 to August 24, 2025.