John J. Dziewisz - Aug 11, 2022 Form 4 Insider Report for Babcock & Wilcox Enterprises, Inc. (BW)

Role
General Counsel & Secretary
Signature
/s/ John J. Dziewisz
Stock symbol
BW
Transactions as of
Aug 11, 2022
Transactions value $
$109,441
Form type
4
Date filed
8/15/2022, 06:23 PM
Previous filing
Jul 29, 2022
Next filing
Aug 16, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BW Common Stock Options Exercise $200K +25K +19.87% $8.01 151K Aug 11, 2022 Direct
transaction BW Common Stock Tax liability -$90.8K -11.3K -7.52% $8.01 139K Aug 11, 2022 Direct F1

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 Unit Options Exercise $0 -25K -33.33% $0.00 50K Aug 11, 2022 Common Stock 25K Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents shares of common stock withheld by the Issuer pursuant to the terms of the award to pay tax withholding obligations of the Reporting Person upon the vesting of the restricted stock units.
F2 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.
F3 RSUs vest annually in three equal installments beginning on August 11, 2022.