Morgan Jimmy B 4
4 · Babcock & Wilcox Enterprises, Inc. · Filed Aug 29, 2023
Insider Transaction Report
Form 4
Morgan Jimmy B
Chief Commercial Officer
Transactions
- Exercise/Conversion
Common Stock
2023-08-25$4.88/sh+50,000$244,000→ 492,632 total - Exercise/Conversion
Restricted Stock Units
2023-08-25−50,000→ 0 totalExp: 2023-08-25→ Common Stock (50,000 underlying) - Tax Payment
Common Stock
2023-08-25$4.88/sh−22,925$111,874→ 469,707 total
Footnotes (3)
- [F1]Represents shares of common stock withheld by the Issuer pursuant to the terms of the award to pay tax withholding obligations of the Reporting Person upon the vesting of the RSUs.
- [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 equal installments beginning on August 25, 2021.