Kenneth M. Young - 25 Aug 2022 Form 4 Insider Report for Babcock & Wilcox Enterprises, Inc. (BW)

Signature
/s/ John J. Dziewisz, attorney-in-fact for Kenneth M. Young
Issuer symbol
BW
Transactions as of
25 Aug 2022
Net transactions value
+$556,669
Form type
4
Filing time
26 Aug 2022, 17:13:08 UTC
Previous filing
29 Jul 2022
Next filing
07 Nov 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BW Common Stock Options Exercise $556,669 +66,667 +6.9% $8.35 1,029,667 25 Aug 2022 Direct
holding BW Common Stock 115,000 25 Aug 2022 See Note 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 -66,667 -50% $0.000000 66,667 25 Aug 2022 Common Stock 66,667 Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Held of record by the Kenneth M. Young Revocable Trust U/A 5/8/15.
F2 Pursuant to Babcock & Wilcox Enterprises, Inc. Amended and Restated Long-Term 2015 Incentive Plan, each Restricted Stock Unit (RSU) represents a contingent right to receive one share of BW common stock.
F3 RSUs vest in three annual installments beginning on August 25, 2021.