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