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

Signature
/s/ John J. Dziewisz
Issuer symbol
BW
Transactions as of
25 Aug 2021
Net transactions value
+$70,139
Form type
4
Filing time
27 Aug 2021, 16:35:36 UTC
Previous filing
17 Aug 2021
Next filing
03 Feb 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BW Common Stock Options Exercise $261,664 +33,333 +32% $7.85 138,925 25 Aug 2021 Direct F1
transaction BW Common Stock Tax liability $118,661 -15,116 -11% $7.85 123,809 25 Aug 2021 Direct
transaction BW Common Stock Sale $72,864 -9,200 -7.4% $7.92 114,609 25 Aug 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 -33,333 -33% $0.000000 66,667 25 Aug 2021 Common Stock 33,333 $0.000000 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.