Jimmy B. Morgan - Aug 13, 2021 Form 4 Insider Report for Babcock & Wilcox Enterprises, Inc. (BW)

Role
Chief Operating Officer
Signature
/s/ John J. Dziewisz, attorney-in-fact for Jimmy B. Morgan
Stock symbol
BW
Transactions as of
Aug 13, 2021
Transactions value $
$212,589
Form type
4
Date filed
8/17/2021, 05:11 PM
Previous filing
Aug 16, 2021
Next filing
Aug 27, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BW Common Stock Options Exercise $389K +50K +22.35% $7.78 274K Aug 13, 2021 Direct
transaction BW Common Stock Tax liability -$176K -22.7K -8.28% $7.78 251K Aug 13, 2021 Direct F1

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 Units Options Exercise $0 -50K -50% $0.00 50K Aug 13, 2021 Common Stock 50K Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents shares of common stock withheld by the Issuer pursuant to the terms of the award to pay tax withholding obligations of the Reporting Person upon the vesting of the restricted stock units.
F2 Each restricted stock unit is granted pursuant to the Babcock & Wilcox Enterprises, Inc. Amended and Restated 2015 Long-Term Incentive Plan and represents a contingent right to receive one share of common stock.
F3 Restricted stock units vest in three equal annual installments beginning on August 13, 2020.