BW

SEC source: 0001644925-18-000002 · edgar.xml · nonDerivative · entry 1

Hoehn Daniel W · CIK 0001644925 · Vice President and CAO

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 1,717

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

SEC source: 0001644999-18-000015 · edgar.xml · derivative · entry 4

Ferland E James Jr · CIK 0001404512 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 16,110

Underlying: Common Stock · 16,110 shares

Expires 2019-03-01

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F2 · derivative.exercise_date: RSUs vest in three equal annual installments beginning March 1, 2017.

SEC source: 0001644999-18-000015 · edgar.xml · nonDerivative · entry 2

Ferland E James Jr · CIK 0001404512 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 251,326

SEC source: 0001644999-18-000015 · edgar.xml · nonDerivative · entry 1

Ferland E James Jr · CIK 0001404512 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 256,150

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

SEC source: 0000921895-18-000769 · form404197070_02272018.xml · nonDerivative · entry 1

STEEL PARTNERS HOLDINGS L.P. · CIK 0001452857 · 10% owner

SPH Group LLC · CIK 0001522067 · 10% owner

SPH Group Holdings LLC · CIK 0001522066 · 10% owner

Steel Partners Holdings GP Inc. · CIK 0001537666 · 10% owner

Steel Excel Inc. · CIK 0000709804 · 10% owner

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: Not disclosed

Ownership: Indirect · By Steel Excel Inc.

Disclosed balance after: 5,821,962

F1 · security: This Form 4 is filed jointly by Steel Partners Holdings L.P. ("Steel Holdings"), SPH Group LLC ("SPHG"), SPH Group Holdings LLC ("SPHG Holdings"), Steel Partners Holdings GP Inc. ("Steel Holdings GP") and Steel Excel Inc. ("Steel Excel") (collectively, the "Reporting Persons"). Steel Holdings owns 99% of the membership interests of SPHG. SPHG is the sole member of SPHG Holdings. Steel Holdings GP is the general partner of Steel Holdings, the managing member of SPHG and the manager of SPHG Holdings. SPHG Holdings owns 100% of the outstanding shares of common stock of Steel Excel. Each of the Reporting Persons may be deemed to be a member of a Section 13(d) group that collectively owns more than 10% of the Issuer's outstanding shares of Common Stock.

F2 · ownership.nature: Represents securities owned directly by Steel Excel. By virtue of their relationships with Steel Excel discussed in Footnote 1, each of Steel Holdings, SPHG, SPHG Holdings and Steel Holdings GP may be deemed to beneficially own the securities owned directly by Steel Excel. Each of Steel Holdings, SPHG, SPHG Holdings and Steel Holdings GP disclaims beneficial ownership of the securities owned directly by Steel Excel, except to the extent of its pecuniary interest therein.

SEC source: 0001707399-18-000007 · edgar.xml · derivative · entry 4

Kass Leslie C · CIK 0001707399 · President and CEO

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 38,689

Underlying: Common Stock · 25,793 shares

Expires 2018-08-14

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · derivative.exercise_price: Each cash-settled performance unit ("CPU") is the economic equivalent of one share of BW common stock.

F1 · price: Each cash-settled performance unit ("CPU") is the economic equivalent of one share of BW common stock.

F3 · derivative.exercise_date: CPUs vest in two installments as follows: 40% on 02/14/2018; 60% on 08/14/2018.

SEC source: 0001707399-18-000007 · edgar.xml · nonDerivative · entry 2

Kass Leslie C · CIK 0001707399 · President and CEO

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 12,446

SEC source: 0001707399-18-000007 · edgar.xml · nonDerivative · entry 1

Kass Leslie C · CIK 0001707399 · President and CEO

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 38,239

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · price: Each cash-settled performance unit ("CPU") is the economic equivalent of one share of BW common stock.

SEC source: 0001692154-18-000006 · edgar.xml · derivative · entry 3

Muckley James J. · CIK 0001692154 · Senior Vice President

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 24,206

Underlying: Common Stock · 16,138 shares

Expires 2018-08-14

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · derivative.exercise_price: Each cash-settled performance unit ("CPU") is the economic equivalent of one share of BW common stock.

F1 · price: Each cash-settled performance unit ("CPU") is the economic equivalent of one share of BW common stock.

F2 · derivative.exercise_date: CPUs vest in two installments as follows: 40% on 02/14/2018; 60% on 08/14/2018.

SEC source: 0001692154-18-000006 · edgar.xml · nonDerivative · entry 2

Muckley James J. · CIK 0001692154 · Senior Vice President

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 3,663

SEC source: 0001692154-18-000006 · edgar.xml · nonDerivative · entry 1

Muckley James J. · CIK 0001692154 · Senior Vice President

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 19,801

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · price: Each cash-settled performance unit ("CPU") is the economic equivalent of one share of BW common stock.

SEC source: 0001644999-18-000026 · edgar.xml · derivative · entry 4

APKER JENNY L · CIK 0001242619 · Senior Vice President and CFO

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 58,500

Underlying: Common Stock · 39,000 shares

Expires 2018-08-14

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · derivative.exercise_price: Each cash-settled performance unit ("CPU") is the economic equivalent of one share of BW common stock.

F1 · price: Each cash-settled performance unit ("CPU") is the economic equivalent of one share of BW common stock.

F3 · derivative.exercise_date: CPUs vest in two installments as follows: 40% on 02/14/2018; 60% on 08/14/2018

SEC source: 0001644999-18-000026 · edgar.xml · nonDerivative · entry 2

APKER JENNY L · CIK 0001242619 · Senior Vice President and CFO

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 42,761

SEC source: 0001644999-18-000026 · edgar.xml · nonDerivative · entry 1

APKER JENNY L · CIK 0001242619 · Senior Vice President and CFO

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 81,761

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · price: Each cash-settled performance unit ("CPU") is the economic equivalent of one share of BW common stock.

SEC source: 0001584346-18-000006 · edgar.xml · derivative · entry 4

Carano Mark A · CIK 0001584346 · Senior Vice President

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 48,362

Underlying: Common Stock · 32,241 shares

Expires 2018-08-14

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · derivative.exercise_price: Each cash-settled performance unit ("CPU") is the economic equivalent of one share of BW common stock.

F1 · price: Each cash-settled performance unit ("CPU") is the economic equivalent of one share of BW common stock.

F3 · derivative.exercise_date: CPUs vest in two installments as follows: 40% on 02/14/2018; 60% on 08/14/2018.

SEC source: 0001584346-18-000006 · edgar.xml · nonDerivative · entry 2

Carano Mark A · CIK 0001584346 · Senior Vice President

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 18,663

SEC source: 0001584346-18-000006 · edgar.xml · nonDerivative · entry 1

Carano Mark A · CIK 0001584346 · Senior Vice President

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 50,904

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · price: Each cash-settled performance unit ("CPU") is the economic equivalent of one share of BW common stock.

SEC source: 0001644925-18-000007 · edgar.xml · derivative · entry 3

Hoehn Daniel W · CIK 0001644925 · Vice President and CAO

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 23,276

Underlying: Common Stock · 15,517 shares

Expires 2018-08-14

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · derivative.exercise_price: Each cash-settled performance unit ("CPU") is the economic equivalent of one share of BW common stock.

F1 · price: Each cash-settled performance unit ("CPU") is the economic equivalent of one share of BW common stock.

F2 · derivative.exercise_date: CPUs vest in two installments as follows: 40% on 02/14/2018; 60% on 08/14/2018.

SEC source: 0001644925-18-000007 · edgar.xml · nonDerivative · entry 2

Hoehn Daniel W · CIK 0001644925 · Vice President and CAO

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 1,555

SEC source: 0001644925-18-000007 · edgar.xml · nonDerivative · entry 1

Hoehn Daniel W · CIK 0001644925 · Vice President and CAO

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 17,072

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · price: Each cash-settled performance unit ("CPU") is the economic equivalent of one share of BW common stock.

SEC source: 0001681626-18-000005 · edgar.xml · derivative · entry 3

Morgan Jimmy B · CIK 0001681626 · Senior Vice President

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 36,982

Underlying: Common Stock · 24,655 shares

Expires 2018-08-14

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · derivative.exercise_price: Each cash-settled performance unit ("CPU") is the economic equivalent of one share of BW common stock.

F1 · price: Each cash-settled performance unit ("CPU") is the economic equivalent of one share of BW common stock.

F2 · derivative.exercise_date: CPUs vest in two installments as follows: 40% on 02/14/2018; 60% on 08/14/2018.

SEC source: 0001681626-18-000005 · edgar.xml · nonDerivative · entry 2

Morgan Jimmy B · CIK 0001681626 · Senior Vice President

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 8,068

SEC source: 0001681626-18-000005 · edgar.xml · nonDerivative · entry 1

Morgan Jimmy B · CIK 0001681626 · Senior Vice President

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 32,723

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · price: Each cash-settled performance unit ("CPU") is the economic equivalent of one share of BW common stock.

SEC source: 0001644980-18-000006 · edgar.xml · derivative · entry 4

Low Mark S · CIK 0001644980 · Senior Vice President

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 38,689

Underlying: Common Stock · 25,793 shares

Expires 2018-08-14

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · derivative.exercise_price: Each cash-settled performance unit ("CPU") is the economic equivalent of one share of BW common stock.

F1 · price: Each cash-settled performance unit ("CPU") is the economic equivalent of one share of BW common stock.

F3 · derivative.exercise_date: CPUs vest in two installments as follows: 40% on 02/14/2018; 60% on 08/14/2018.

SEC source: 0001644980-18-000006 · edgar.xml · nonDerivative · entry 2

Low Mark S · CIK 0001644980 · Senior Vice President

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 21,625

SEC source: 0001644980-18-000006 · edgar.xml · nonDerivative · entry 1

Low Mark S · CIK 0001644980 · Senior Vice President

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 47,418

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · price: Each cash-settled performance unit ("CPU") is the economic equivalent of one share of BW common stock.

SEC source: 0001644999-18-000027 · edgar.xml · derivative · entry 4

Hall J. Andre · CIK 0001644999 · SVP & General Counsel

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 37,552

Underlying: Common Stock · 25,034 shares

Expires 2018-08-14

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · derivative.exercise_price: Each cash-settled performance unit ("CPU") is the economic equivalent of one share of BW common stock.

F1 · price: Each cash-settled performance unit ("CPU") is the economic equivalent of one share of BW common stock.

F3 · derivative.exercise_date: CPUs vest in two installments as follows: 40% on 02/14/2018; 60% on 08/14/2018.

SEC source: 0001644999-18-000027 · edgar.xml · nonDerivative · entry 2

Hall J. Andre · CIK 0001644999 · SVP & General Counsel

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 13,255

SEC source: 0001644999-18-000027 · edgar.xml · nonDerivative · entry 1

Hall J. Andre · CIK 0001644999 · SVP & General Counsel

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 38,289

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · price: Each cash-settled performance unit ("CPU") is the economic equivalent of one share of BW common stock.

SEC source: 0000921895-18-000522 · form404197070_02122018.xml · nonDerivative · entry 3

STEEL PARTNERS HOLDINGS L.P. · CIK 0001452857 · 10% owner

SPH Group LLC · CIK 0001522067 · 10% owner

SPH Group Holdings LLC · CIK 0001522066 · 10% owner

Steel Partners Holdings GP Inc. · CIK 0001537666 · 10% owner

Steel Excel Inc. · CIK 0000709804 · 10% owner

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: Not disclosed

Ownership: Indirect · By Steel Excel Inc.

Disclosed balance after: 5,621,962

F1 · security: This Form 4 is filed jointly by Steel Partners Holdings L.P. ("Steel Holdings"), SPH Group LLC ("SPHG"), SPH Group Holdings LLC ("SPHG Holdings"), Steel Partners Holdings GP Inc. ("Steel Holdings GP") and Steel Excel Inc. ("Steel Excel") (collectively, the "Reporting Persons"). Steel Holdings owns 99% of the membership interests of SPHG. SPHG is the sole member of SPHG Holdings. Steel Holdings GP is the general partner of Steel Holdings, the managing member of SPHG and the manager of SPHG Holdings. SPHG Holdings owns 100% of the outstanding shares of common stock of Steel Excel. Each of the Reporting Persons may be deemed to be a member of a Section 13(d) group that collectively owns more than 10% of the Issuer's outstanding shares of Common Stock.

F2 · ownership.nature: Represents securities owned directly by Steel Excel. By virtue of their relationships with Steel Excel discussed in Footnote 1, each of Steel Holdings, SPHG, SPHG Holdings and Steel Holdings GP may be deemed to beneficially own the securities owned directly by Steel Excel. Each of Steel Holdings, SPHG, SPHG Holdings and Steel Holdings GP disclaims beneficial ownership of the securities owned directly by Steel Excel, except to the extent of its pecuniary interest therein.

SEC source: 0000921895-18-000522 · form404197070_02122018.xml · nonDerivative · entry 2

STEEL PARTNERS HOLDINGS L.P. · CIK 0001452857 · 10% owner

SPH Group LLC · CIK 0001522067 · 10% owner

SPH Group Holdings LLC · CIK 0001522066 · 10% owner

Steel Partners Holdings GP Inc. · CIK 0001537666 · 10% owner

Steel Excel Inc. · CIK 0000709804 · 10% owner

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: Not disclosed

Ownership: Indirect · By Steel Excel Inc.

Disclosed balance after: 5,580,506

F1 · security: This Form 4 is filed jointly by Steel Partners Holdings L.P. ("Steel Holdings"), SPH Group LLC ("SPHG"), SPH Group Holdings LLC ("SPHG Holdings"), Steel Partners Holdings GP Inc. ("Steel Holdings GP") and Steel Excel Inc. ("Steel Excel") (collectively, the "Reporting Persons"). Steel Holdings owns 99% of the membership interests of SPHG. SPHG is the sole member of SPHG Holdings. Steel Holdings GP is the general partner of Steel Holdings, the managing member of SPHG and the manager of SPHG Holdings. SPHG Holdings owns 100% of the outstanding shares of common stock of Steel Excel. Each of the Reporting Persons may be deemed to be a member of a Section 13(d) group that collectively owns more than 10% of the Issuer's outstanding shares of Common Stock.

F2 · ownership.nature: Represents securities owned directly by Steel Excel. By virtue of their relationships with Steel Excel discussed in Footnote 1, each of Steel Holdings, SPHG, SPHG Holdings and Steel Holdings GP may be deemed to beneficially own the securities owned directly by Steel Excel. Each of Steel Holdings, SPHG, SPHG Holdings and Steel Holdings GP disclaims beneficial ownership of the securities owned directly by Steel Excel, except to the extent of its pecuniary interest therein.

SEC source: 0000921895-18-000522 · form404197070_02122018.xml · nonDerivative · entry 1

STEEL PARTNERS HOLDINGS L.P. · CIK 0001452857 · 10% owner

SPH Group LLC · CIK 0001522067 · 10% owner

SPH Group Holdings LLC · CIK 0001522066 · 10% owner

Steel Partners Holdings GP Inc. · CIK 0001537666 · 10% owner

Steel Excel Inc. · CIK 0000709804 · 10% owner

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: Not disclosed

Ownership: Indirect · By Steel Excel Inc.

Disclosed balance after: 5,280,506

F1 · security: This Form 4 is filed jointly by Steel Partners Holdings L.P. ("Steel Holdings"), SPH Group LLC ("SPHG"), SPH Group Holdings LLC ("SPHG Holdings"), Steel Partners Holdings GP Inc. ("Steel Holdings GP") and Steel Excel Inc. ("Steel Excel") (collectively, the "Reporting Persons"). Steel Holdings owns 99% of the membership interests of SPHG. SPHG is the sole member of SPHG Holdings. Steel Holdings GP is the general partner of Steel Holdings, the managing member of SPHG and the manager of SPHG Holdings. SPHG Holdings owns 100% of the outstanding shares of common stock of Steel Excel. Each of the Reporting Persons may be deemed to be a member of a Section 13(d) group that collectively owns more than 10% of the Issuer's outstanding shares of Common Stock.

F2 · ownership.nature: Represents securities owned directly by Steel Excel. By virtue of their relationships with Steel Excel discussed in Footnote 1, each of Steel Holdings, SPHG, SPHG Holdings and Steel Holdings GP may be deemed to beneficially own the securities owned directly by Steel Excel. Each of Steel Holdings, SPHG, SPHG Holdings and Steel Holdings GP disclaims beneficial ownership of the securities owned directly by Steel Excel, except to the extent of its pecuniary interest therein.

SEC source: 0001144204-18-001156 · tv482837_4.xml · nonDerivative · entry 1

Vintage Capital Management LLC · CIK 0001511498 · Director · 10% owner

KAHN CAPITAL MANAGEMENT LLC · CIK 0001099408 · Director · 10% owner

KAHN BRIAN RANDALL · CIK 0001455976 · Director · 10% owner

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: Not disclosed

Ownership: Indirect · Please see footnotes

Disclosed balance after: 6,608,232

F1 · shares: Represents time-based restricted stock units ("RSUs") awarded to Brian R. Kahn, solely in his capacity as a director of Babcock & Wilcox Enterprises, Inc. (the "Issuer"), as director compensation under the Issuer's Amended and Restated 2015 Long-Term Incentive Plan. Each RSU granted by the Issuer represents the right to receive one share of the Issuer's common stock, par value $0.01 per share ("Common Stock"). The RSUs vested immediately upon the granting thereof on January 3, 2018.

F2 · balance_after: Represents the RSUs awarded plus 6,600,000 shares of Common Stock beneficially owned by Vintage Capital Management, LLC, a Delaware limited liability company ("Vintage Capital").

F3 · ownership.nature: In addition to Vintage Capital, this Form 4 is being filed jointly by Kahn Capital Management, LLC, a Delaware limited liability company ("Kahn Capital"), and Mr. Kahn, a citizen of the United States of America, each of whom has the same business address as Vintage Capital.

F4 · ownership.nature: (Continued from footnote 3) Kahn Capital, as a member and the majority owner of Vintage Capital, may be deemed to have the power to direct the voting and disposition of the shares of Common Stock beneficially owned by Vintage Capital, and may be deemed to be the indirect beneficial owner of such shares. Kahn Capital disclaims beneficial ownership of such shares for all other purposes, except to the extent of its pecuniary interest therein. Mr. Kahn, as the manager of each of Vintage Capital and Kahn Capital, may be deemed to have the power to direct the voting and disposition of the shares of Common Stock beneficially owned by Vintage Capital, and may be deemed to be the indirect beneficial owner of such shares. Mr. Kahn disclaims beneficial ownership of such shares for all other purposes, except to the extent of his pecuniary interest therein.

SEC source: 0001644999-18-000009 · edgar.xml · derivative · entry 3

Avril Matthew E · CIK 0001444238 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 0

Underlying: Common Stock · 8,232 shares

Expires 2018-01-03

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F2 · derivative.exercise_date: 100% of the RSUs vest immediately.

SEC source: 0001644999-18-000009 · edgar.xml · derivative · entry 2

Avril Matthew E · CIK 0001444238 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 8,232

Underlying: Common Stock · 8,232 shares

Expires 2018-01-03

F1 · kind: Grant of restricted stock units pursuant to the Babcock & Wilcox Enterprises, Inc. Amended and Restated 2015 Long-Term Incentive Plan. Each restricted stock unit represents a contingent right to receive one share of BW common stock.

F2 · derivative.exercise_date: 100% of the RSUs vest immediately.

SEC source: 0001644999-18-000009 · edgar.xml · nonDerivative · entry 1

Avril Matthew E · CIK 0001444238 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 169,363

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

SEC source: 0001726956-18-000004 · edgar.xml · derivative · entry 3

Bartoli Henry E · CIK 0001726956 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 0

Underlying: Common Stock · 8,232 shares

Expires 2018-01-03

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F2 · derivative.exercise_date: 100% of the RSUs vest immediately.

SEC source: 0001726956-18-000004 · edgar.xml · derivative · entry 2

Bartoli Henry E · CIK 0001726956 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 8,232

Underlying: Common Stock · 8,232 shares

Expires 2018-01-03

F1 · kind: Grant of restricted stock units pursuant to the Babcock & Wilcox Enterprises, Inc. Amended and Restated 2015 Long-Term Incentive Plan. Each restricted stock unit represents a contingent right to receive one share of BW common stock.

F2 · derivative.exercise_date: 100% of the RSUs vest immediately.

SEC source: 0001726956-18-000004 · edgar.xml · nonDerivative · entry 1

Bartoli Henry E · CIK 0001726956 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 8,232

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

SEC source: 0001644999-18-000002 · edgar.xml · derivative · entry 3

FERRAIOLI BRIAN K · CIK 0001221429 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 47

Underlying: Common Stock · 31 shares

Expires not disclosed

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F3 · derivative.exercise_price: The dividend equivalent rights accrued on restricted stock unit grants of which the reporting person elected to defer receipt of the shares underlying the RSU's. Each RSU and DER represent a contingent right to receive one share of BW common stock. In accordance with the deferral election, the DERs will be delivered to the reporting person proportionately with the RSU's to which they relate. The reporting person is reporting the disposition of 31 DERs.

F3 · price: The dividend equivalent rights accrued on restricted stock unit grants of which the reporting person elected to defer receipt of the shares underlying the RSU's. Each RSU and DER represent a contingent right to receive one share of BW common stock. In accordance with the deferral election, the DERs will be delivered to the reporting person proportionately with the RSU's to which they relate. The reporting person is reporting the disposition of 31 DERs.

F3 · derivative.exercise_date: The dividend equivalent rights accrued on restricted stock unit grants of which the reporting person elected to defer receipt of the shares underlying the RSU's. Each RSU and DER represent a contingent right to receive one share of BW common stock. In accordance with the deferral election, the DERs will be delivered to the reporting person proportionately with the RSU's to which they relate. The reporting person is reporting the disposition of 31 DERs.

F3 · derivative.expiration_date: The dividend equivalent rights accrued on restricted stock unit grants of which the reporting person elected to defer receipt of the shares underlying the RSU's. Each RSU and DER represent a contingent right to receive one share of BW common stock. In accordance with the deferral election, the DERs will be delivered to the reporting person proportionately with the RSU's to which they relate. The reporting person is reporting the disposition of 31 DERs.

SEC source: 0001644999-18-000002 · edgar.xml · derivative · entry 2

FERRAIOLI BRIAN K · CIK 0001221429 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 0

Underlying: Common Stock · 1,853 shares

Expires not disclosed

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F2 · derivative.exercise_price: RSU's vested immediately at the time of grant. The reporting person elected to defer receipt of shares underlying the RSU's. In accordance with his deferral election, vested shares will be delivered to the reporting person in one lump sum upon the earlier to occur of: (a) six months following the reporting person's termination of service on the Board of Directors; or (b) January 2, 2018. The reporting person is reporting the disposition of the RSU's.

F2 · price: RSU's vested immediately at the time of grant. The reporting person elected to defer receipt of shares underlying the RSU's. In accordance with his deferral election, vested shares will be delivered to the reporting person in one lump sum upon the earlier to occur of: (a) six months following the reporting person's termination of service on the Board of Directors; or (b) January 2, 2018. The reporting person is reporting the disposition of the RSU's.

F2 · derivative.exercise_date: RSU's vested immediately at the time of grant. The reporting person elected to defer receipt of shares underlying the RSU's. In accordance with his deferral election, vested shares will be delivered to the reporting person in one lump sum upon the earlier to occur of: (a) six months following the reporting person's termination of service on the Board of Directors; or (b) January 2, 2018. The reporting person is reporting the disposition of the RSU's.

F2 · derivative.expiration_date: RSU's vested immediately at the time of grant. The reporting person elected to defer receipt of shares underlying the RSU's. In accordance with his deferral election, vested shares will be delivered to the reporting person in one lump sum upon the earlier to occur of: (a) six months following the reporting person's termination of service on the Board of Directors; or (b) January 2, 2018. The reporting person is reporting the disposition of the RSU's.

SEC source: 0001644999-18-000002 · edgar.xml · nonDerivative · entry 1

FERRAIOLI BRIAN K · CIK 0001221429 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 3,679

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · shares: The reporting person is reporting the acquisition of shares in accordance with his deferral election for the delivery of shares underlying certain restricted stock units and the proportionate number of dividend equivalent rights relating to those RSUs.

F1 · price: The reporting person is reporting the acquisition of shares in accordance with his deferral election for the delivery of shares underlying certain restricted stock units and the proportionate number of dividend equivalent rights relating to those RSUs.

SEC source: 0001144204-17-048719 · v475249_4.xml · nonDerivative · entry 2

Vintage Capital Management LLC · CIK 0001511498 · 10% owner

KAHN CAPITAL MANAGEMENT LLC · CIK 0001099408 · 10% owner

KAHN BRIAN RANDALL · CIK 0001455976 · 10% owner

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: Not disclosed

Ownership: Indirect · Please see footnotes

Disclosed balance after: 6,600,000

F4 · price: This sale price represents the weighted average sale price of the shares sold ranging from $3.02 to $3.22 per share, inclusive. Upon request by the staff of the SEC, by the Issuer, or by a security holder of the Issuer, the Reporting Persons will provide full information regarding the number of shares sold at each separate price within the range set forth in this Form 4.

F2 · ownership.nature: In addition to Vintage Capital Management, LLC, a Delaware limited liability company ("Vintage Capital"), this Form 3 is being filed jointly by Kahn Capital Management, LLC, a Delaware limited liability company ("Kahn Capital"), and Brian R. Kahn, a citizen of the United States of America, each of whom has the same business address as Vintage Capital. Vintage Capital beneficially owns the shares of common stock, par value $0.01 per share ("Common Stock"), of the Issuer. Vintage Capital serves as investment adviser to investment funds and managed accounts (collectively, the "Accounts"), and may be deemed to have beneficial ownership over the shares of Common Stock held for the Accounts.

F3 · ownership.nature: (Continued From footnote 1) Kahn Capital, as a member and the majority owner of Vintage Capital, may be deemed to have the power to direct the voting and disposition of the shares of Common Stock beneficially owned by Vintage Capital, and may be deemed to be the indirect beneficial owner of such shares. Kahn Capital disclaims beneficial ownership of such shares for all other purposes, except to the extent of its pecuniary interest therein. Mr. Kahn, as the manager of each of Vintage Capital and Kahn Capital, may be deemed to have the power to direct the voting and disposition of the shares of Common Stock beneficially owned by Vintage Capital, and may be deemed to be the indirect beneficial owner of such shares. Mr. Kahn disclaims beneficial ownership of such shares for all other purposes, except to the extent of his pecuniary interest therein.

SEC source: 0001144204-17-048719 · v475249_4.xml · nonDerivative · entry 1

Vintage Capital Management LLC · CIK 0001511498 · 10% owner

KAHN CAPITAL MANAGEMENT LLC · CIK 0001099408 · 10% owner

KAHN BRIAN RANDALL · CIK 0001455976 · 10% owner

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: Not disclosed

Ownership: Indirect · Please see footnotes

Disclosed balance after: 5,535,853

F1 · price: This sale price represents the weighted average sale price of the shares sold ranging from $2.905 to $3.09 per share, inclusive. Upon request by the staff of the Securities and Exchange Commission (the "SEC"), by Babcock & Wilcox Enterprises, Inc. (the "Issuer"), or by a security holder of the Issuer, the Reporting Persons will provide full information regarding the number of shares sold at each separate price within the range set forth in this Form 4.

F2 · ownership.nature: In addition to Vintage Capital Management, LLC, a Delaware limited liability company ("Vintage Capital"), this Form 3 is being filed jointly by Kahn Capital Management, LLC, a Delaware limited liability company ("Kahn Capital"), and Brian R. Kahn, a citizen of the United States of America, each of whom has the same business address as Vintage Capital. Vintage Capital beneficially owns the shares of common stock, par value $0.01 per share ("Common Stock"), of the Issuer. Vintage Capital serves as investment adviser to investment funds and managed accounts (collectively, the "Accounts"), and may be deemed to have beneficial ownership over the shares of Common Stock held for the Accounts.

F3 · ownership.nature: (Continued From footnote 1) Kahn Capital, as a member and the majority owner of Vintage Capital, may be deemed to have the power to direct the voting and disposition of the shares of Common Stock beneficially owned by Vintage Capital, and may be deemed to be the indirect beneficial owner of such shares. Kahn Capital disclaims beneficial ownership of such shares for all other purposes, except to the extent of its pecuniary interest therein. Mr. Kahn, as the manager of each of Vintage Capital and Kahn Capital, may be deemed to have the power to direct the voting and disposition of the shares of Common Stock beneficially owned by Vintage Capital, and may be deemed to be the indirect beneficial owner of such shares. Mr. Kahn disclaims beneficial ownership of such shares for all other purposes, except to the extent of his pecuniary interest therein.

SEC source: 0001681626-17-000008 · edgar.xml · derivative · entry 3

Morgan Jimmy B · CIK 0001681626 · Senior Vice President

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 2,867

Underlying: Common Stock · 2,867 shares

Expires 2018-09-01

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · derivative.exercise_date: RSUs vest in three equal annual installments beginning September 1, 2016.

SEC source: 0001681626-17-000008 · edgar.xml · nonDerivative · entry 2

Morgan Jimmy B · CIK 0001681626 · Senior Vice President

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 4,317

SEC source: 0001681626-17-000008 · edgar.xml · nonDerivative · entry 1

Morgan Jimmy B · CIK 0001681626 · Senior Vice President

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 5,261

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

SEC source: 0001707399-17-000008 · edgar.xml · derivative · entry 2

Kass Leslie C · CIK 0001707399 · Senior Vice President

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 100,965

Underlying: Common Stock · 100,965 shares

Expires 2020-08-14

F3 · kind: Grant of restricted stock units pursuant to the Babcock & Wilcox Enterprises, Inc. Amended and Restated 2015 Long-Term Incentive Plan. Each restricted stock unit represents a contingent right to receive one share of BW common stock.

F4 · derivative.exercise_date: RSUs vest in two annual installments beginning August 14, 2019.

SEC source: 0001707399-17-000008 · edgar.xml · derivative · entry 1

Kass Leslie C · CIK 0001707399 · Senior Vice President

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 64,482

Underlying: Common Stock · 64,482 shares

Expires not disclosed

F1 · kind: Grant of cash-settled performance units ("CPUs"). Each CPU is the economic equivalent of one share of BW common stock

F2 · derivative.exercise_date: CPUs vest in two installments as follows: 40% on 02/14/2018; 60% on 08/14/2018

F2 · derivative.expiration_date: CPUs vest in two installments as follows: 40% on 02/14/2018; 60% on 08/14/2018

SEC source: 0001692154-17-000006 · edgar.xml · derivative · entry 2

Muckley James J. · CIK 0001692154 · Senior Vice President

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 51,724

Underlying: Common Stock · 51,724 shares

Expires 2020-08-14

F3 · kind: Grant of restricted stock units pursuant to the Babcock & Wilcox Enterprises, Inc. Amended and Restated 2015 Long-Term Incentive Plan. Each restricted stock unit represents a contingent right to receive one share of BW common stock.

F4 · derivative.exercise_date: RSUs vest in two annual installments beginning August 14, 2019.