Jimmy B. Morgan - 07 Jan 2022 Form 4 Insider Report for Babcock & Wilcox Enterprises, Inc. (BW)

Role: Chief Operating Officer
Signature: /s/ John J. Dziewisz, attorney-in-fact for Jimmy B. Morgan
Issuer symbol: BW
Transactions as of: 07 Jan 2022
Net transactions value: +$204,694
Form type: 4
Filing time: 15 Mar 2022, 17:12:08 UTC
Previous filing: 30 Dec 2021
Next filing: 29 Jul 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	$302,750	+35,000	+12%	$8.65	327,001	07 Jan 2022	Direct
transaction	BW	Common Stock	Tax liability	$98,056	-11,336	-3.5%	$8.65	315,665	07 Jan 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	-35,000	-100%	$0.000000^*	0	07 Jan 2022	Common Stock	35,000		Direct	F1, F2

* 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. 2021 Long-Term Incentive Plan, each restricted stock unit represents a contingent right to receive one share of BW common stock.
F2	RSUs vested January 3, 2022.