Filing Details

Accession Number:
0001444483-11-000004
Form Type:
4
Zero Holdings:
No
Publication Time:
2011-03-08 12:00:00
Reporting Period:
2011-03-04
Filing Date:
2011-03-08
Accepted Time:
2011-03-08 20:07:48
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1486957 Babcock & Wilcox Co BWC Engines & Turbines (3510) 800558025
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1444483 C. Brandon Bethards 13024 Ballantyne Corporate Place
Suite 700
Charlotte NC 28277
President And Ceo Yes Yes No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock Acquisiton 2011-03-04 25,166 $24.55 130,458 No 4 M Direct
Common Stock Disposition 2011-03-04 25,166 $0.00 105,292 No 4 S Direct
Common Stock Acquisiton 2011-03-04 16,971 $0.00 122,263 No 4 M Direct
Common Stock Disposition 2011-03-04 5,507 $34.55 116,756 No 4 F Direct
Common Stock Acquisiton 2011-03-05 17,029 $0.00 133,785 No 4 M Direct
Common Stock Disposition 2011-03-05 7,228 $34.55 126,557 No 4 F Direct
Common Stock Acquisiton 2011-03-05 13,074 $0.00 139,631 No 4 M Direct
Common Stock Disposition 2011-03-05 5,549 $34.55 134,082 No 4 F Direct
Common Stock Acquisiton 2011-03-07 24,164 $10.58 158,246 No 4 M Direct
Common Stock Disposition 2011-03-07 24,164 $0.00 134,082 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 M Direct
No 4 S Direct
No 4 M Direct
No 4 F Direct
No 4 M Direct
No 4 F Direct
No 4 M Direct
No 4 F Direct
No 4 M Direct
No 4 S Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock Stock Options (right to buy) Disposition 2011-03-04 25,166 $0.00 25,166 $24.55
Common Stock Restricted Stock Units Disposition 2011-03-04 16,971 $0.00 16,971 $0.00
Common Stock Restricted Stock Units Acquisiton 2011-03-04 26,241 $0.00 26,241 $0.00
Common Stock Stock Options (right to buy) Acquisiton 2011-03-04 82,911 $0.00 82,911 $34.55
Common Stock Restricted Stock Units Disposition 2011-03-05 17,029 $0.00 17,029 $0.00
Common Stock Restricted Stock Units Disposition 2011-03-05 13,074 $0.00 13,074 $0.00
Common Stock Stock Options (right to buy) Disposition 2011-03-07 24,164 $0.00 24,164 $10.58
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
50,330 2017-03-04 No 4 M Direct
33,944 2013-03-04 No 4 M Direct
26,241 2014-03-04 No 4 A Direct
82,911 2018-03-04 No 4 A Direct
8,514 2012-03-05 No 4 M Direct
6,735 2012-03-05 No 4 M Direct
24,164 2016-03-05 No 4 M Direct
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Common Stock 374 Indirect 401k Plan
Footnotes
  1. 25,166 shares sold on March 4, 2011 as follows: 10,620 @ $34.55; 2,204 @ $34.5505; 5,000 @ $34.5511; 942 @ $34.5521; 1,100 @ $34.5591; 1,410 @ $34.56; 390 @ $34.5626; 500 @ $34.5685; 700 @ $34.57; 800 @ $34.58; 100 @ $34.59; 400 @ $34.5962; 800 @ $34.60; 200 @ 35.00.
  2. 24,164 shares sold on March 7, 2011 as follows: 2,500 @ $34.3052; 3,002 @ $34.3073; 5,251 @ $34.3531; 700 @ $34.3943; 200 @ $34.3975; 200 @ $34.40; 600 @ $34.41; 200 @ $34.42; 1,600 @ $34.4537; 600 @ $34.52; 2,511 @ $34.60; 500 @ $34.6040; 600 @ $34.6050; 1,800 @ $34.6061; 300 @ $34.61; 400 @ $34.6150; 500 @ $34.62; 100 @ $34.63; 1,300 @ $34.6323; 1,100 @ $34.65; 200 @ $34.66.
  3. Based on number of units held in the BWC Thrift Plan and the fair market value of BWC common stock as of March 4, 2011.
  4. Stock options vest in three equal annual installments beginning March 4, 2011.
  5. Each restricted stock unit represents a contingent right to receive one share of BWC common stock.
  6. RSUs vest in three equal annual installments beginning March 4, 2011.
  7. Grant of restricted stock units pursuant to the Amended and Restated 2010 Long-Term Incentive Plan of The Babcock & Wilcox Company. Each restricted stock unit represents a contingent right to receive one share of BWC common stock.
  8. RSUs vest in three equal annual installments beginning March 4, 2012.
  9. Grant of stock options pursuant to the Amended and Restated 2010 Long-Term Incentive Plan of The Babcock & Wilcox Company.
  10. Stock options vest in three equal annual installments beginning March 4, 2012.
  11. RSUs vest in two equal annual installments beginning March 5, 2011.
  12. In accordance with the terms of the award, a portion of the RSUs were subject to accelerated vesting.
  13. 100% of the RSUs vest on March 5, 2012.
  14. Stock options vest in two equal annual installments beginning March 5, 2011.