Kenneth M. Young - 03 Nov 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
03 Nov 2022
Net transactions value
+$267,997
Form type
4
Filing time
07 Nov 2022, 06:30:58 UTC
Previous filing
26 Aug 2022
Next filing
14 Nov 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BW Common Stock Options Exercise $267,997 +66,666 +6.5% $4.02 1,096,333 03 Nov 2022 Direct
holding BW Common Stock 115,000 03 Nov 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 -66,666 -33% $0.000000 133,334 03 Nov 2022 Common Stock 66,666 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 the Babcock & Wilcox Enterprises, Inc. Amended and Restated 2021 Long-Term Incentive Plan, each restricted stock unit (RSU) represents a contingent right to receive one share of BW common stock.
F3 RSUs vest annually in three equal installments beginning November 3, 2022.