John J. Dziewisz - 11 Aug 2021 Form 4 Insider Report for Babcock & Wilcox Enterprises, Inc. (BW)

Role
SVP & Corp. Secy.
Signature
/s/ John J. Dziewisz
Issuer symbol
BW
Transactions as of
11 Aug 2021
Net transactions value
+$576,750
Form type
4
Filing time
16 Aug 2021, 16:12:28 UTC
Next filing
17 Aug 2021
SEC
View on sec.gov

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction BW Restricted Stock Unit Award $576,750 +75,000 $7.69 75,000 11 Aug 2021 Common Stock 75,000 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Pursuant to the Babcock & Wilcox Enterprises, Inc. 2021 Long-Term Incentive Plan, each restricted stock unit represents a contingent right to receive one share of BW common stock.
F2 RSUs vest annually in three equal installments beginning on August 11, 2022.