Kenneth M. Young - 28 Jul 2023 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
28 Jul 2023
Net transactions value
+$267,000
Form type
4
Filing time
01 Aug 2023, 16:43:54 UTC
Previous filing
06 Jun 2023
Next filing
29 Aug 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BW Common Stock Options Exercise $267,000 +50,000 +4.6% $5.34 1,146,333 28 Jul 2023 Direct
holding BW Common Stock 162,713 28 Jul 2023 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 -50,000 -33% $0.000000 100,000 28 Jul 2023 Common Stock 50,000 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 Each restricted stock unit (RSU) is granted pursuant to Babcock & Wilcox Enterprises, Inc. Amended and Restated Long-Term 2021 Incentive Plan and represents a contingent right to receive one share of BW common stock.
F3 RSUs vest in three annual installments beginning July 28, 2023.