Form Type: 4

SEC EDGAR Link
Accession Number:0001644999-19-000023
Date:2019-07-18
Issuer: BABCOCK & WILCOX ENTERPRISES, INC. (BW)
Original Submission Date:

Reporting Person:

YOUNG KENNETH M
20 S. VAN BUREN AVENUE
BARBERTON, OH 44203

Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
Title of SecurityTransaction Date2a. Deemed Execution Date Transaction CodeSharesAcquired or DisposedPrice per share 5. Amount of Securities Beneficially Owned Following Reported Transaction 6. Ownership Form Direct or IndirectNature of Indirect Ownership
COMMON STOCK 2019-07-18 X 145,238 a $0.30 292,404 direct
Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, convertible securities
Title of Derivative Security Conversion or Exercise Price of Derivative Security Transaction Date Deemed Execution Date Transaction Code Number of Derivative Securities Acquired (A) or Disposed of (D) Date ExercisableExpiration Date Title and Amount of Securities Underlying Derivative Security Price of Derivative Security Number of derivative Securities Beneficially Owned Following Reported Transaction(s) Ownership Form: Direct (D) or Indirect (I) Nature of Indirect Beneficial Ownership
NONTRANSFERABLE SUBSCRIPTION RIGHTS (RIGHT TO BUY) 0.3 2019-07-18 deemed execution date X 147,166 (d) 2019-06-28 2019-07-18 common stock 145,238 $0.30 0 direct
Footnotes
IDfootnote
f1 represents shares of the issuer's common stock, par value $0.01 per share ("common stock"), acquired by the reporting person following the exercise of its subscription rights in connection with the issuer's rights offering to holders of common stock, as described in the issuer's prospectus dated june 28, 2019, as supplemented. each holder of common stock of record as of june 27, 2019 received one right for each share of common stock, and each right entitled the holder of common stock to purchase 0.986896 shares of common stock at the subscription price of $0.30 per whole share.
f2 represents the reporting person's exercise of subscription rights pursuant to the rights offering described in footnote 1.
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