Kenneth M. Young - Aug 25, 2021 Form 4 Insider Report for Babcock & Wilcox Enterprises, Inc. (BW)

Role: Chief Executive Officer, Director
Signature: /s/ John Dziewisz, attorney-in-fact for Kenneth M Young
Stock symbol: BW
Transactions as of: Aug 25, 2021
Transactions value $: $523,328
Form type: 4
Date filed: 8/27/2021, 04:42 PM
Previous filing: Aug 17, 2021
Next filing: Oct 29, 2021

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	BW	Common Stock	Options Exercise	$523K	+66.7K	+7.44%	$7.85	963K	Aug 25, 2021	Direct	F1
holding	BW	Common Stock						65K	Aug 25, 2021	See Note	F2

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	-66.7K	-33.33%	$0.00	133K	Aug 25, 2021	Common Stock	66.7K	$0.00	Direct	F1, F3

* 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. Amended and Restated 2015 Long-Term Incentive Plan, each restricted stock unit (RSU) represents a contingent right to receive one share of BW common stock. RSUs vest in three installments beginning on August 25, 2021.
F2	Held of record by the Kenneth M. Young Revocable Trust U/A 5/8/15.
F3	RSUs vest in three equal installments beginning August 25, 2021.