0001127602-22-019947.txt : 20220729
0001127602-22-019947.hdr.sgml : 20220729
20220729165343
ACCESSION NUMBER: 0001127602-22-019947
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20220728
FILED AS OF DATE: 20220729
DATE AS OF CHANGE: 20220729
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: 221121602
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
form4.xml
PRIMARY DOCUMENT
X0306
4
2022-07-28
0001630805
Babcock & Wilcox Enterprises, Inc.
BW
0001365572
Young Kenneth M
1200 EAST MARKET STREET
AKRON
OH
44305
1
1
Chief Executive Officer
Restricted Stock Units
2022-07-28
4
A
0
150000
0
A
Common Stock
150000
150000
D
Performance Units
2022-07-28
4
A
0
150000
0
A
2027-07-27
Common Stock
150000
150000
D
Each restricted stock unit (RSU) is granted pursuant to Babcock & Wilcox Enterprises, Inc. Amended and Restated Long-Term 2021 Incentive Plan and represents a contingent right to receive one share of BW common stock.
RSUs vest in three annual installments beginning July 28, 2023.
Each performance stock unit (PSU) is granted pursuant to the Babcock & Wilcox Enterprises, Inc. Amended and Restated 2021 Long-Term Incentive Plan and represents a contingent right to receive one share of common stock.
100% of PSUs vest immediately upon the company's common stock achieving a market price of $12.00 per share at the end of any trading day during the period from July 28, 2022 to July 27, 2027.
/s/ John J. Dziewisz, attorney-in-fact for Kenneth M. Young
2022-07-29