DAVID P. REILAND - 17 May 2021 Form 4 Insider Report for BROADWIND, INC. (BWEN)

Role: Director
Signature: /s/ Thomas A. Ciccone as Attorney-in-Fact for David P. Reiland pursuant to Power of Attorney previously filed
Issuer symbol: BWEN
Transactions as of: 17 May 2021
Net transactions value: -$34,276
Form type: 4
Filing time: 19 May 2021, 11:21:14 UTC
Previous filing: 11 May 2021
Next filing: 27 Apr 2022
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	BWEN	Common Stock	Sale	$17,280	-4,000	-2.9%	$4.32	134,162	17 May 2021	Direct
transaction	BWEN	Common Stock	Sale	$15,300	-3,600	-2.7%	$4.25	130,562	18 May 2021	Direct
transaction	BWEN	Common Stock	Sale	$1,696	-400	-0.31%	$4.24	130,162	18 May 2021	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
holding	BWEN	Phantom Stock						8,403	17 May 2021	Common Stock	8,403		Direct	F2, F3

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Includes 9,336 restricted stock units that vest on 5/1/22.
F2	Each share of phantom stock is the economic equivalent of one share of Broadwind, Inc. common stock.
F3	Phantom stock credited to participant's account in 2009, 2011 and 2016 pursuant to and under the conditions of the Broadwind Energy, Inc. Deferred Compensation Plan. The value of the participant's account shall be paid to the participant in a single lump-sum payment, in cash, on the earliest of the participant's separation from service, death or change-in-control.