Jimmy B. Morgan - Aug 11, 2021 Form 4 Insider Report for Babcock & Wilcox Enterprises, Inc. (BW)

Role
Chief Operating Officer
Signature
/s/ John J. Dziewisz, attorney-in-fact for Jimmy B. Morgan
Stock symbol
BW
Transactions as of
Aug 11, 2021
Transactions value $
$769,000
Form type
4
Date filed
8/16/2021, 04:07 PM
Next filing
Aug 17, 2021
SEC
View on sec.gov

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 Award $769K +100K $7.69 100K Aug 11, 2021 Common Stock 100K Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Pursuant to the Babcock & Wilcox Enterprises, Inc. 2021 Long-Term Incentive Plan, each restricted stock unit represents a contingent right to receive one share of BW common stock.
F2 RSUs vest annually in three equal installments beginning on August 11, 2022.