0001213900-19-013343.txt : 20190722 0001213900-19-013343.hdr.sgml : 20190722 20190722202906 ACCESSION NUMBER: 0001213900-19-013343 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20190718 FILED AS OF DATE: 20190722 DATE AS OF CHANGE: 20190722 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: RILEY BRYANT R CENTRAL INDEX KEY: 0001207269 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-36876 FILM NUMBER: 19966645 MAIL ADDRESS: STREET 1: C/O B. RILEY FINANCIAL, INC. STREET 2: 21255 BURBANK BLVD, SUITE 400 CITY: WOODLAND HILLS STATE: CA ZIP: 91367 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: Babcock & Wilcox Enterprises, Inc. CENTRAL INDEX KEY: 0001630805 STANDARD INDUSTRIAL CLASSIFICATION: HEATING EQUIPMENT, EXCEPT ELECTRIC & WARM AIR FURNACES [3433] IRS NUMBER: 472783641 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 20 S. VAN BUREN AVENUE CITY: BARBERTON STATE: OH ZIP: 44203 BUSINESS PHONE: 3307534511 MAIL ADDRESS: STREET 1: 20 S. VAN BUREN AVENUE CITY: BARBERTON STATE: OH ZIP: 44203 4 1 ownership.xml X0306 4 2019-07-18 0 0001630805 Babcock & Wilcox Enterprises, Inc. BW 0001207269 RILEY BRYANT R 21255 BURBANK BOULEVARD, SUITE 400 WOODLAND HILLS, CA 91367 1 0 0 0 Common Stock 2019-07-18 4 X 0 419339 0.30 A 844246 D Common Stock 2019-07-18 4 X 0 73421 0.30 A 147817 I As UTMA custodian for Abigail Riley Common Stock 2019-07-18 4 X 0 73420 0.30 A 147815 I As UTMA custodian for Charlie Riley Common Stock 2019-07-18 4 X 0 73419 0.30 A 147813 I As UTMA custodian for Eloise Riley Common Stock 2019-07-18 4 X 0 63552 0.30 A 127948 I As UTMA custodian for Susan Riley Common Stock 2019-07-18 4 X 0 185536 0.30 A 373536 I By 401(k) Plan Nontransferable Subscription Rights (right to buy) 0.30 2019-07-18 4 X 0 424907 0 D 2019-06-28 2019-07-18 Common Stock 419339 0 D Nontransferable Subscription Rights (right to buy) 0.30 2019-07-18 4 X 0 74396 0 D 2019-06-28 2019-07-18 Common Stock 73421 0 I As UTMA custodian for Abigail Riley Nontransferable Subscription Rights (right to buy) 0.30 2019-07-18 4 X 0 74395 0 D 2019-06-28 2019-07-18 Common Stock 73420 0 I As UTMA custodian for Charlie Riley Nontransferable Subscription Rights (right to buy) 0.30 2019-07-18 4 X 0 74394 0 D 2019-06-28 2019-07-18 Common Stock 73419 0 I As UTMA custodian for Eloise Riley Nontransferable Subscription Rights (right to buy) 0.30 2019-07-18 4 X 0 64396 0 D 2019-06-28 2019-07-18 Common Stock 63552 0 I As UTMA custodian for Susan Riley Nontransferable Subscription Rights (right to buy) 0.30 2019-07-18 4 X 0 188000 0 D 2019-06-28 2019-07-18 Common Stock 185536 0 I By 401(k) Plan Represents shares of the Issuer's common stock, par value $0.01 per share ("Common Stock") acquired by the Reporting Persons following the exercise of its subscription rights in connection with the Issuer's subscription rights offering (the "Offering") to holders of the Common Stock, described in the Issuer's prospectus dated June 28, 2019 and filed with the United States Securities and Exchange Commission on June 28, 2019. Each holder of Common Stock of record as of June 27, 2019 received one right for each share of Common Stock, and each right entitled the holder of Common Stock to purchase 0.986896 shares of Common Stock at the subscription price of $0.30 per whole share. Rights could only be exercised in whole numbers of Common Stock and no fractional shares of Common Stock were issued in the Offering. Any fractional shares of Common Stock created by the exercise of the rights were rounded to the nearest whole share, with such adjustments as may be necessary to ensure that Issuer offered 166,666,667 shares of Common Stock. There was no oversubscription privilege offered in connection with the Offering. Represents the Reporting Persons' exercise of subscription rights pursuant to the Offering. /s/ Bryant R. Riley 2019-07-22