Kenneth M. Young - 25 Aug 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
25 Aug 2023
Net transactions value
+$325,335
Form type
4
Filing time
29 Aug 2023, 16:44:10 UTC
Previous filing
01 Aug 2023
Next filing
17 Nov 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BW Common Stock Options Exercise $325,335 +66,667 +5.8% $4.88 1,213,000 25 Aug 2023 Direct
holding BW Common Stock 162,713 25 Aug 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 -66,667 -100% $0.000000* 0 25 Aug 2023 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.