0001692154-18-000008.txt : 20180816 0001692154-18-000008.hdr.sgml : 20180816 20180816175831 ACCESSION NUMBER: 0001692154-18-000008 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: Muckley James J. CENTRAL INDEX KEY: 0001692154 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-36876 FILM NUMBER: 181024179 MAIL ADDRESS: STREET 1: 20 S. VAN BUREN AVENUE CITY: BARBERTON STATE: OH 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 0001692154 Muckley James J. 20 S. VAN BUREN AVENUE BARBERTON OH 44203 0 1 0 0 Senior Vice President Common Stock 2018-08-14 4 M 0 24206 A 27869 D Common Stock 2018-08-14 4 D 0 24206 2.18 D 3663 D Performance Units 2018-08-14 4 M 0 24206 D 2018-08-14 Common Stock 24206 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. CPUs vest in two installments as follows: 40% on 02/14/2018; 60% on 08/14/2018. James J. Muckley, by Angela P. Winter, attorney-in-fact 2018-08-16