Louis Salamone Jr - Aug 25, 2021 Form 4 Insider Report for Babcock & Wilcox Enterprises, Inc. (BW)

Signature
/s/ John J. Dziewisz, attorney-in-fact for Louis Salamone Jr.
Stock symbol
BW
Transactions as of
Aug 25, 2021
Transactions value $
$182,371
Form type
4
Date filed
8/27/2021, 04:39 PM
Previous filing
Aug 16, 2021
Next filing
Dec 30, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BW Common Stock Options Exercise $393K +50K +15.52% $7.85 372K Aug 25, 2021 Direct F1
transaction BW Common Stock Tax liability -$210K -26.8K -7.19% $7.85 345K Aug 25, 2021 Direct

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 -33.33% $0.00 100K Aug 25, 2021 Common Stock 50K $0.00 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 RSUs vest in three annual installments beginning on August 25, 2021.
F2 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.