John J. Dziewisz - 13 Aug 2022 Form 4 Insider Report for Babcock & Wilcox Enterprises, Inc. (BW)

Role
General Counsel & Secretary
Signature
/s/ John J. Dziewisz
Issuer symbol
BW
Transactions as of
13 Aug 2022
Net transactions value
+$42,822
Form type
4
Filing time
16 Aug 2022, 16:35:01 UTC
Previous filing
15 Aug 2022
Next filing
19 Aug 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 $108,539 +13,334 +9.6% $8.14 152,797 13 Aug 2022 Direct
transaction BW Common Stock Tax liability $49,214 -6,046 -4% $8.14 146,751 13 Aug 2022 Direct F1
transaction BW Common Stock Sale $16,502 -2,050 -1.4% $8.05 144,701 16 Aug 2022 Direct 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 Unit Options Exercise $0 -13,334 -100% $0.000000* 0 13 Aug 2022 Common Stock 13,334 Direct F3, F4
* 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 The sale reported was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on August 31, 2021.
F3 Pursuant to the Babcock & Wilcox Enterprises, Inc. Amended and Restated 2015 Long-Term Incentive Plan each restricted stock unit represents a contingent right to receive one share of BW common stock.
F4 RSUs vest in three installments beginning on August 13, 2020.