Salamone Louis Jr 4
4 · Babcock & Wilcox Enterprises, Inc. · Filed Aug 29, 2023
Insider Transaction Report
Form 4
Salamone Louis Jr
Chief Financial Officer
Transactions
- Exercise/Conversion
Common Stock
2023-08-25$4.88/sh+50,000$244,000→ 601,730 total - Tax Payment
Common Stock
[F1]2023-08-25$4.88/sh−19,019$92,813→ 582,711 total - Exercise/Conversion
Restricted Stock Units
[F2][F3]2023-08-25−50,000→ 0 totalExp: 2025-08-25→ Common Stock (50,000 underlying)
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 restricted stock units.
- [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.
Signature
/s/ John J. Dziewisz, attorney-in-fact for Louis Salamone Jr.|2023-08-29