0001644999-18-000037.txt : 20180816
0001644999-18-000037.hdr.sgml : 20180816
20180816171516
ACCESSION NUMBER: 0001644999-18-000037
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: Hall J. Andre
CENTRAL INDEX KEY: 0001644999
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-36876
FILM NUMBER: 181023999
MAIL ADDRESS:
STREET 1: 13024 BALLANTYNE CORPORATE PLACE, #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
0001644999
Hall J. Andre
13024 BALLANTYNE CORPORATE PLACE
SUITE 700
CHARLOTTE
NC
28277
0
1
0
0
SVP & General Counsel
Common Stock
2018-08-14
4
M
0
37552
A
54309
D
Common Stock
2018-08-14
4
D
0
37552
2.18
D
16757
D
Common Stock
162
I
401k Plan
Performance Units
2018-08-14
4
M
0
37552
D
2018-08-14
Common Stock
37552
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.
J. Andre Hall, by Angela P. Winter, attorney-in-fact
2018-08-16