John J. Dziewisz - 01 Feb 2022 Form 4 Insider Report for Babcock & Wilcox Enterprises, Inc. (BW)

Role: SVP & Corp. Secy.
Signature: /s/ John J. Dziewisz
Issuer symbol: BW
Transactions as of: 01 Feb 2022
Net transactions value: +$97,041
Form type: 4
Filing time: 03 Feb 2022, 15:32:21 UTC
Previous filing: 27 Aug 2021
Next filing: 07 Feb 2022
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	$147,400	+20,000	+17%	$7.37	134,609	01 Feb 2022	Direct	F1
transaction	BW	Common Stock	Tax liability	$50,359	-6,833	-5.1%	$7.37	127,776	01 Feb 2022	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	-20,000	-100%	$0.000000^*	0	01 Feb 2022	Common Stock	20,000	$0.000000	Direct	F2

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

Explanation of Responses:

Id	Content
F1	RSUs vest in two annual installments beginning on February 1, 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.