0001584346-17-000004.txt : 20170307 0001584346-17-000004.hdr.sgml : 20170307 20170307180610 ACCESSION NUMBER: 0001584346-17-000004 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20170303 FILED AS OF DATE: 20170307 DATE AS OF CHANGE: 20170307 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: 13024 BALLANTYNE CORPORATE PLACE STREET 2: SUITE 700 CITY: CHARLOTTE STATE: NC ZIP: 28277 BUSINESS PHONE: 704-625-4900 MAIL ADDRESS: STREET 1: 13024 BALLANTYNE CORPORATE PLACE STREET 2: SUITE 700 CITY: CHARLOTTE STATE: NC ZIP: 28277 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Carano Mark A CENTRAL INDEX KEY: 0001584346 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-36876 FILM NUMBER: 17673257 MAIL ADDRESS: STREET 1: 13024 BALLANTYNE CORPORATE PLACE STREET 2: #700 CITY: CHARLOTTE STATE: NC ZIP: 28277 4 1 edgar.xml PRIMARY DOCUMENT X0306 4 2017-03-03 0001630805 Babcock & Wilcox Enterprises, Inc. BW 0001584346 Carano Mark A 13024 BALLANTYNE CORPORATE PLACE SUITE 700 CHARLOTTE NC 28277 0 1 0 0 SVP & Treasurer Common Stock 2017-03-03 4 M 0 120 0 A 11729 D Common Stock 2017-03-03 4 F 0 120 10.49 D 11609 D Common Stock 249 I 401k Plan Restricted Stock Units 0 2017-03-03 4 A 0 25026 0 A 2020-03-03 Common Stock 25026 25026 D Restricted Stock Units 0 2017-03-03 4 M 0 108 0 D 2017-03-03 Common Stock 108 3301 D Restricted Stock Units 0 2017-03-03 4 M 0 12 0 D 2017-03-03 Common Stock 12 1646 D Based on number of units held in the BW Thrift Plan and the fair market value of BW common stock as of March 1, 2017. Grant of restricted stock units pursuant to the Babcock & Wilcox Enterprises, Inc. Amended and Restated 2015 Long-Term Incentive Plan. Each restricted stock unit represents a contingent right to receive one share of BW common stock. RSUs vest in three equal annual installments beginning March 3, 2018. The reporting person elected to defer receipt of all shares underlying the RSUs. On March 3, 2017, 3,409 RSUs vested and 108 of those shares were withheld to fulfill tax obligations. In accordance with his deferral election, vested shares will be delivered to the reporting person in five annual installments beginning six months following termination of employment. 100% of the RSUs vest on March 3, 2017. The reporting person elected to defer receipt of all shares underlying the RSUs. On March 3, 2017, 576 RSUs vested and 12 of those shares were withheld to fulfill tax obligations. In accordance with his deferral election, vested shares will be delivered to the reporting person in five annual installments beginning six months following termination of employment. RSUs vest in two annual installments beginning March 3, 2016. Mark A. Carano by Angela P. Winter, attorney-in-fact 2017-03-07