John J. Dziewisz - Aug 25, 2021 Form 4 Insider Report for Babcock & Wilcox Enterprises, Inc. (BW)

Role: SVP & Corp. Secy.
Signature: /s/ John J. Dziewisz
Stock symbol: BW
Transactions as of: Aug 25, 2021
Transactions value $: $70,139
Form type: 4
Date filed: 8/27/2021, 04:35 PM
Previous filing: Aug 17, 2021
Next filing: Feb 3, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	BW	Common Stock	Options Exercise	$262K	+33.3K	+31.57%	$7.85	139K	Aug 25, 2021	Direct	F1
transaction	BW	Common Stock	Tax liability	-$119K	-15.1K	-10.88%	$7.85	124K	Aug 25, 2021	Direct
transaction	BW	Common Stock	Sale	-$72.9K	-9.2K	-7.43%	$7.92	115K	Aug 25, 2021	Direct	F2

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	-33.3K	-33.33%	$0.00	66.7K	Aug 25, 2021	Common Stock	33.3K	$0.00	Direct	F3

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	RSUs vest in three equal installments beginning on August 25, 2021.
F2	Represents the share price weighted average.
F3	Pursuant to the Babcock & Wilcox Enterprises, Inc. Amended and Restated 2015 Long-Term Incentive Plan, each restricted stock unit (RSU) represents a contingent right to receive one share of BW common stock. RSUs vest in three installments beginning on August 25, 2021.