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

Role
Chief Financial Officer
Signature
/s/ John J. Dziewisz, attorney-in-fact for Louis Salamone Jr.
Issuer symbol
BW
Transactions as of
25 Aug 2021
Net transactions value
+$182,371
Form type
4
Filing time
27 Aug 2021, 16:39:35 UTC
Previous filing
16 Aug 2021
Next filing
30 Dec 2021
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BW Common Stock Options Exercise $392,500 +50,000 +16% $7.85 372,148 25 Aug 2021 Direct F1
transaction BW Common Stock Tax liability $210,129 -26,768 -7.2% $7.85 345,380 25 Aug 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 -50,000 -33% $0.000000 100,000 25 Aug 2021 Common Stock 50,000 $0.000000 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.