Filing Details
- Accession Number:
- 0000899243-20-024502
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2020-09-08 16:14:32
- Reporting Period:
- 2020-08-25
- Accepted Time:
- 2020-09-08 16:14:32
- SEC Url:
- Form 4 Filing
Issuer
Cik | Name | Symbol | Sector (SIC) | IRS No |
---|---|---|---|---|
1630805 | Babcock & Wilcox Enterprises Inc. | BW | Heating Equipment, Except Electric & Warm Air Furnaces (3433) | 472783641 |
Insiders
Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
---|---|---|---|---|---|---|---|
1681626 | B Jimmy Morgan | 1200 East Market Street Akron OH 44305 | Chief Operating Officer | No | 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 | 29,000 | $2.50 | 76,403 | No | 4 | P | Direct |
Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|
No | 4 | P | Direct |
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 | 150,000 | $0.00 | 150,000 | $0.00 |
Common Stock | Performance Stock Units | Acquisiton | 2020-08-25 | 200,000 | $0.00 | 200,000 | $0.00 |
Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
---|---|---|---|---|---|---|
150,000 | No | 4 | A | Direct | ||
200,000 | 2025-08-24 | No | 4 | A | Direct |
Footnotes
- 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.