Accession Number: | 0001644999-19-000023 |
Date: | 2019-07-18 |
Issuer: | BABCOCK & WILCOX ENTERPRISES, INC. (BW) |
Original Submission Date: |
YOUNG KENNETH M
20 S. VAN BUREN AVENUE
BARBERTON, OH 44203
Title of Security | Transaction Date | 2a. Deemed Execution Date | Transaction Code | Shares | Acquired or Disposed | Price per share | 5. Amount of Securities Beneficially Owned Following Reported Transaction | 6. Ownership Form Direct or Indirect | Nature of Indirect Ownership |
---|---|---|---|---|---|---|---|---|---|
COMMON STOCK | 2019-07-18 | X | 145,238 | a | $0.30 | 292,404 | direct |
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 Exercisable | Expiration 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 |
ID | footnote |
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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. |