0000899243-20-015781.txt : 20200609 0000899243-20-015781.hdr.sgml : 20200609 20200609161247 ACCESSION NUMBER: 0000899243-20-015781 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20200605 FILED AS OF DATE: 20200609 DATE AS OF CHANGE: 20200609 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Young Kenneth M CENTRAL INDEX KEY: 0001365572 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-36876 FILM NUMBER: 20951964 MAIL ADDRESS: STREET 1: C/O B. RILEY FINANCIAL, INC. STREET 2: 21255 BURBANK BLVD., SUITE 400 CITY: WOODLAND HILLS STATE: CA ZIP: 91367 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: 1200 E. MARKET STREET, SUITE 650 CITY: AKRON STATE: OH ZIP: 44305 BUSINESS PHONE: 3308606205 MAIL ADDRESS: STREET 1: 1200 E. MARKET STREET, SUITE 650 CITY: AKRON STATE: OH ZIP: 44305 4 1 doc4.xml FORM 4 SUBMISSION X0306 4 2020-06-05 0 0001630805 Babcock & Wilcox Enterprises, Inc. BW 0001365572 Young Kenneth M 1200 EAST MARKET STREET AKRON OH 44305 0 1 0 0 Chief Executive Officer Common Stock 2020-06-05 4 P 0 20000 2.6703 A 20000 I See Note Common Stock 29240 D The price reported is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $2.64 to $2.70, inclusive. The reporting person undertakes to provide full information regarding the number of shares purchased at a particular price upon request from SEC staff, the issuer or a shareholder of issuer. Held of record by the Kenneth M. Young Revocable Trust U/A 5/8/15. On July 24, 2019, the Issuer completed a one-for-ten reverse stock split of the Issuer's common stock. This amount has been adjusted to give effect to this reverse stock split. Power of attorney filed as exhibit 24 herewith. /s/ John J. Dziewisz, attorney-in-fact 2020-06-09 EX-24 2 attachment1.htm EX-24 DOCUMENT

                           LIMITED POWER OF ATTORNEY

Know all by these presents, that the undersigned hereby constitutes and appoints
each of John Dziewisz, Brittany Helmick, Ashley Colando, Amy Saus, and any duly
appointed Assistant Secretary of Babcock & Wilcox Enterprises, Inc. (the
"Company"), signing singly, the undersigned's true and lawful attorney-in-fact
to:

    (1) prepare, execute in the undersigned's name and on the undersigned's
        behalf, and submit to the U.S. Securities and Exchange Commission (the
        SEC) a Form ID, including amendments thereto, and any other documents
        necessary or appropriate to obtain codes and passwords enabling the
        undersigned to make electronic filings with the SEC of reports required
        by Section 16(a) of the Securities Exchange Act of 1934 or any rule or
        regulation of the SEC;

    (2) execute for and on behalf of the undersigned, in the undersigned's
        capacity as an officer and/or director of the Company, Forms 3, 4, and 5
        in accordance with Section 16(a) of the Securities Exchange Act of 1934
        and the rules thereunder;

    (3) do and perform any and all acts for and on behalf of the undersigned
        which may be necessary or desirable to complete and execute any such
        Form 3, 4, or 5, complete and execute any amendment or amendments
        thereto, and timely file such form with the SEC and any stock exchange
        or similar authority; and

    (4) take any other action of any type whatsoever in connection with the
        foregoing which, in the opinion of such attorneys-in-fact, may be of
        benefit to, in the best interest of, or legally required by, the
        undersigned, it being understood that the documents executed by such
        attorneys-in-fact on behalf of the undersigned pursuant to this Power of
        Attorney shall be in such form and shall contain such terms and
        conditions as such attorney-in-fact may approve in such attorney-in-
        fact's discretion.

The undersigned hereby grants to each such attorney-in-fact full power and
authority to do and perform any and every act and thing whatsoever requisite,
necessary, or proper to be done in the exercise of any of the rights and powers
herein granted, as fully to all intents and purposes as the undersigned might or
could do if personally present, with full power of substitution or revocation,
hereby ratifying and confirming all that such attorney-in-fact, or such
attorney-in-fact's substitute or substitutes, shall lawfully do or cause to be
done by virtue of this power of attorney and the rights and powers herein
granted.  The undersigned acknowledges that the foregoing attorneys-in-fact, in
serving in such capacity at the request of the undersigned, are not assuming,
nor is the Company assuming, any of the undersigned's responsibilities to comply
with Section 16 of the Securities Exchange Act of 1934.

This Power of Attorney shall remain in full force and effect until the
undersigned is no longer required to file Forms 3, 4, and 5 with respect to the
undersigned's holdings of and transactions in securities issued by the Company,
unless earlier revoked by the undersigned in a signed writing delivered to the
foregoing attorneys-in-fact.

IN WITNESS WHEREOF, the undersigned has caused this Power of Attorney to be
executed as of this fifth day of June, 2020.

                                         Signature:  /s/ Kenneth M. Young

                                            Print Name:  Kenneth M. Young