FORM 3
        
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

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Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
                      

1. Name and Address of Reporting Person *

Kass Leslie C

2. Date of Event Requiring Statement (MM/DD/YYYY)
5/23/2017 

3. Issuer Name and Ticker or Trading Symbol

Babcock & Wilcox Enterprises, Inc. [BW]

(Last)        (First)        (Middle)

20 S. VAN BUREN AVENUE

4. Relationship of Reporting Person(s) to Issuer (Check all applicable)

_____ Director                            _____ 10% Owner
___ X ___ Officer (give title below)          _____ Other (specify below)
Senior Vice President /

(Street)

BARBERTON, OH 44203       

(City)              (State)              (Zip)
5. If Amendment, Date Original Filed (MM/DD/YYYY)

 

6. Individual or Joint/Group Filing (Check Applicable Line)

_ X _ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person


Table I - Non-Derivative Securities Beneficially Owned
1.Title of Security
(Instr. 4)
2. Amount of Securities Beneficially Owned
(Instr. 4)
3. Ownership Form: Direct (D) or Indirect (I)
(Instr. 5)
4. Nature of Indirect Beneficial Ownership
(Instr. 5)
Common Stock   6439   D  
 
Common Stock   228   (1) I   401k Plan  

Table II - Derivative Securities Beneficially Owned ( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 4)
2. Date Exercisable and Expiration Date
(MM/DD/YYYY)
3. Title and Amount of Securities Underlying Derivative Security
(Instr. 4)
4. Conversion or Exercise Price of Derivative Security 5. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 5)
6. Nature of Indirect Beneficial Ownership
(Instr. 5)
Date Exercisable Expiration Date Title Amount or Number of Shares
Stock Options (right to buy)     (2) 3/4/2020   Common Stock   3749   $15.88   D  
 
Stock Options (right to buy)     (3) 3/3/2021   Common Stock   3105   $19.37   D  
 
Stock Options (right to buy)     (4) 3/2/2025   Common Stock   16036   $18.32   D  
 
Stock Options (right to buy)     (5) 7/1/2025   Common Stock   3315   $19.90   D  
 
Stock Options (right to buy)     (6) 3/1/2026   Common Stock   10089   $19.00   D  
 
Restricted Stock Units     (7) 3/2/2018   Common Stock   2970   $0   D  
 
Restricted Stock Units     (8) 3/2/2018   Common Stock   959   $0   D  
 
Restricted Stock Units     (9) 7/1/2018   Common Stock   588   $0   D  
 
Restricted Stock Units     (10) 7/1/2018   Common Stock   911   $0   D  
 
Restricted Stock Units     (11) 3/1/2019   Common Stock   1726   $0   D  
 
Restricted Stock Units     (12) 3/3/2020   Common Stock   10428   $0   D  
 

Explanation of Responses:
(1)  Based on number of units held in the BW Thrift Plan and the fair market value of BW common stock as of May 24, 2017.
(2)  2/3 of the stock options vested on July 6, 2015. The remaining 1/3 of the stock options vested on March 4, 2016.
(3)  1/3 of the stock options vested on July 6, 2015 The remaining 2/3 of the stock options vested in two equal annual installments beginning March 3, 2016.
(4)  Stock options vest in three equal annual installments beginning March 2, 2016.
(5)  Stock options vest in three equal annual installments beginning July 1, 2016.
(6)  Stock options vest in three equal annual installments beginning March 1, 2017.
(7)  100% of the RSUs vest on March 2, 2018.
(8)  RSUs vest in three equal annual installments beginning March 2, 2016.
(9)  RSUs vest in three equal annual installments beginning July 1, 2016.
(10)  100% of the RSUs vest on July 1, 2018.
(11)  RSUs vest in three equal annual installments beginning March 1, 2017.
(12)  RSUs vest in three equal annual installments beginning March 3, 2018.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director 10% Owner Officer Other
Kass Leslie C
20 S. VAN BUREN AVENUE
BARBERTON, OH 44203


Senior Vice President

Signatures
Leslie C. Kass, by Angela P. Winter, attorney-in-fact 5/25/2017
** Signature of Reporting Person Date


Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number.
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