0001584346-18-000010.txt : 20180816
0001584346-18-000010.hdr.sgml : 20180816
20180816170239
ACCESSION NUMBER: 0001584346-18-000010
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20180814
FILED AS OF DATE: 20180816
DATE AS OF CHANGE: 20180816
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: 181023896
MAIL ADDRESS:
STREET 1: 13024 BALLANTYNE CORPORATE PLACE
STREET 2: #700
CITY: CHARLOTTE
STATE: NC
ZIP: 28277
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
4
1
edgar.xml
PRIMARY DOCUMENT
X0306
4
2018-08-14
0001630805
Babcock & Wilcox Enterprises, Inc.
BW
0001584346
Carano Mark A
13024 BALLANTYNE CORPORATE PLACE
SUITE 700
CHARLOTTE
NC
28277
0
1
0
0
Senior Vice President
Common Stock
2018-08-14
4
M
0
48362
A
67025
D
Common Stock
2018-08-14
4
D
0
48362
2.18
D
18663
D
Common Stock
262
I
401k Plan
Performance Units
2018-08-14
4
M
0
48362
D
2018-08-14
Common Stock
48362
0
D
Each cash-settled performance unit ("CPU") is the economic equivalent of one share of BW common stock.
Each CPU represents the right to receive an amount in cash equal to the "measurement value" of our stock at the time of vesting. Generally, the measurement value is detemined based on the average fair market value of our stock for the 30-day period immediately preceding the vesting date. However, the measurement value will be no less than 75% of the market value of our stock determined as of the grant date of August 14, 2017, and no greater than 150% of the value of our stock determined as of the grant date.
Based on number of units held in the BW Thrift Plan and the fair market value of BW common stock as of July 2, 2018.
CPUs vest in two installments as follows: 40% on 02/14/2018; 60% on 08/14/2018.
Mark A. Carano, by Angela P. Winter, attorney-in-fact
2018-08-16