John J. Dziewisz - 25 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: 25 Aug 2022
Net transactions value: +$152,112
Form type: 4
Filing time: 26 Aug 2022, 17:10:15 UTC
Previous filing: 19 Aug 2022
Next filing: 01 Sep 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	$278,331	+33,333	+23%	$8.35	176,940	25 Aug 2022	Direct
transaction	BW	Common Stock	Tax liability	$126,219	-15,116	-8.5%	$8.35	161,824	25 Aug 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 Units	Options Exercise	$0	-33,333	-50%	$0.000000	33,334	25 Aug 2022	Common Stock	33,333		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. Amended and Restated 2015 Long-Term Incentive Plan each restricted stock unit represents a contingent right to receive one share of BW common stock.
F3	RSUs vest in three equal installments beginning on August 25, 2021.