Filing Details

Accession Number:
0000899243-20-024504
Form Type:
4
Zero Holdings:
No
Publication Time:
2020-09-08 16:15:10
Reporting Period:
2020-08-25
Accepted Time:
2020-09-08 16:15:10
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
1360840 Jr Louis Salamone 1200 East Market Street
Akron OH 44305
Chief Financial 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 40,000 $2.50 88,842 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
  1. 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.
  2. RSUs vest in three annual installments beginning on August 25, 2021.
  3. 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.
  4. 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.