BWX Technologies, Inc. — Director's Dealing 2015

Jun 22, 2015

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Babcock & Wilcox Enterprises, Inc. (BW)
CIK: 0001630805
Period of Report: 2015-06-18

Reporting Person: Babcock & Wilcox Co (10% Owner)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2015-06-18	Common Stock	J	53719878	$0.00	Disposed	0	Direct

Footnotes

F1: In connection with the spin-off (the "Spin-Off") of Babcock & Wilcox Enterprises, Inc. ("New B&W") by The Babcock & Wilcox Company (the "Company"), pursuant to the terms of the Master Separation Agreement, dated June 8, 2015, between the Company and New B&W (the "Agreement"), the Company will effect the Distribution (as defined in the Agreement) on June 30, 2015, and cause to be distributed to each holder of record of shares of common stock of the Company ("Company Common Shares") as of June 18, 2015, the record date for the Distribution (the "Record Date"), all of the shares of common stock of New B&W by means of a pro rata distribution of one share of common stock of New B&W for every two Company Common Shares held of record by such holder as of the Record Date.

F2: On June 30, 2015, New B&W will issue shares of its common stock to the Company in connection with its internal reorganization and New B&W will effect a stock split, resulting in the Company's ownership of 53,719,878 shares of New B&W.