Initial Statement of Beneficial Ownership (3)
February 04 2020 - 05:39PM
Edgar (US Regulatory)
FORM 3
|
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES
|
OMB APPROVAL
OMB Number:
3235-0104
Estimated average burden hours per response...
0.5
|
|
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
|
|
1. Name and Address of Reporting Person
*
Dziewisz John J |
2. Date of Event Requiring Statement (MM/DD/YYYY)
2/1/2020
|
3. Issuer Name and Ticker or Trading Symbol
Babcock & Wilcox Enterprises, Inc. [BW]
|
(Last)
(First)
(Middle)
1200 EAST MARKET STREET |
4. Relationship of Reporting Person(s) to Issuer (Check all applicable)
_____ Director _____ 10% Owner ___X___ Officer (give title below) _____ Other (specify below) SVP & Corp. Secy. / |
(Street)
AKRON, OH 44305
(City)
(State)
(Zip)
| 5. If Amendment, Date Original Filed(MM/DD/YYYY)
| 6. Individual or Joint/Group Filing(Check Applicable Line)
_X_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person
|
Table I - Non-Derivative Securities Beneficially Owned
|
1.Title of Security (Instr. 4) | 2. Amount of Securities Beneficially Owned (Instr. 4) | 3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) | 4. Nature of Indirect Beneficial Ownership (Instr. 5) |
Common Stock | 587 | D | |
Common Stock | 2.25 (1) | I | 401k Plan |
Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
|
1. Title of Derivate Security (Instr. 4) | 2. Date Exercisable and Expiration Date (MM/DD/YYYY) | 3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) | 4. Conversion or Exercise Price of Derivative Security | 5. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 5) | 6. Nature of Indirect Beneficial Ownership (Instr. 5) |
Date Exercisable | Expiration Date | Title | Amount or Number of Shares |
Stock Option (right to purchase) | (2) | 3/3/2017 | Common Stock | 258 | $140.30 | D | |
Stock Option (right to purchase) | (2) | 3/2/2018 | Common Stock | 1328 | $132.70 | D | |
Stock Option (right to purchase) | (2) | 3/1/2019 | Common Stock | 619 | $137.60 | D | |
Stock Option (right to purchase) | (2) | 3/6/2019 | Common Stock | 1913 | $41.70 | D | |
Restricted Stock Unit | (3) | 3/3/2020 | Common Stock | 192 | $0.00 | D | |
Restricted Stock Unit | (4) | 8/13/2022 | Common Stock | 40000 | $0.00 | D | |
Explanation of Responses: |
(1) | Based on number of units held in the BW Thrift Plan and the fair market value of BW common stock as of January 31, 2020. |
(2) | Stock options are fully vested. |
(3) | 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 installments beginning on March 3, 2018. |
(4) | 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 installments beginning on August 13, 2020. |
Remarks: Power of attorney filed as exhibit 24 herewith. |
Reporting Owners
|
Reporting Owner Name / Address | Relationships |
Director | 10% Owner | Officer | Other |
Dziewisz John J 1200 EAST MARKET STREET AKRON, OH 44305 |
|
| SVP & Corp. Secy. |
|
Signatures
|
John J. Dziewisz, by Robert Flemma, Jr., attorney-in-fact | | 2/4/2020 |
**Signature of Reporting Person | Date |
Babcock and Wilcox Enter... (NYSE:BW)
Historical Stock Chart
From Feb 2024 to Mar 2024
Babcock and Wilcox Enter... (NYSE:BW)
Historical Stock Chart
From Mar 2023 to Mar 2024