Kenneth M. Young - 25 Aug 2021 Form 4 Insider Report for Babcock & Wilcox Enterprises, Inc. (BW)

Role
Chief Executive Officer, Director
Signature
/s/ John Dziewisz, attorney-in-fact for Kenneth M Young
Issuer symbol
BW
Transactions as of
25 Aug 2021
Net transactions value
+$523,328
Form type
4
Filing time
27 Aug 2021, 16:42:37 UTC
Previous filing
17 Aug 2021
Next filing
29 Oct 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 $523,328 +66,666 +7.4% $7.85 963,000 25 Aug 2021 Direct F1
holding BW Common Stock 65,000 25 Aug 2021 See Note 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 -66,666 -33% $0.000000 133,334 25 Aug 2021 Common Stock 66,666 $0.000000 Direct F1, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 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.
F2 Held of record by the Kenneth M. Young Revocable Trust U/A 5/8/15.
F3 RSUs vest in three equal installments beginning August 25, 2021.