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BWX Technologies, Inc. Director's Dealing 2011

Mar 11, 2011

30361_dirs_2011-03-11_3f485676-1d4a-4d82-a090-8ad4a4d65556.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Babcock & Wilcox Co (BWC)
CIK: 0001486957
Period of Report: 2011-03-10

Reporting Person: Black David S (Vice President and CAO)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2011-03-10 Common Stock M 6012 $10.58 Acquired 28914 Direct
2011-03-10 Common Stock S 6012 Disposed 22902 Direct
2011-03-10 Common Stock M 3271 $24.55 Acquired 26173 Direct
2011-03-10 Common Stock S 3271 Disposed 22902 Direct
2011-03-10 Common Stock S 7500 Disposed 15402 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2011-03-10 Stock Options (right to buy) $10.58 M 6012 Disposed 2016-03-05 Common Stock (6012) Direct
2011-03-10 Stock Options (right to buy) $24.55 M 3271 Disposed 2017-03-04 Common Stock (3271) Direct

Holdings (Non-Derivative)

Security Shares Ownership
Common Stock 1635 Indirect

Footnotes

F1: 6,012 shares sold on March 10, 2011 as follows: 400@$34.9500; 200@$34.9650; 100@$34.9900; 400@$35.0000; 500@$35.0020; 500@$35.0100; 1,[email protected]; 200@$35.0250; 200@$35.0275; 800@$35.0300; 300@$35.0417; 200@$35.0850; 100@$35.1000; 691@$35.1100; 100@$35.1150; 90@$35.1200.

F2: 3271 shares sold on March 10, 2011 as follows: 300@$34.9300; 600@$35.0000; 400@$35.0138; 200@$35.0200; 100@$35.0300; 200@$35.0450; 352@$35.0728; 100@$35.0800; 100@$35.1000; 109@$35.1100; 400@$35.1175; 310@$35.1200; 100@$35.1300.

F3: 7,500 shares sold on March 10, 2011 as follows: 400@$34.94; 200@$34.95; 300@$34.98; 100@$34.9875; 200@$34.9888; 1,000@$35.00; 500@$35.002; 1,187@$35.01; 315@$35.0132; 200@$35.02; 400@$35.0275; 300@$35.03; 158@$35.0373; 400@$35.04; 300@$35.0417; 242@$35.0645; 100@$35.07; 398@$35.0701; 100@$35.08; 300@$35.09; 100@$35.10; 200@$35.12; 100@$35.13.

F4: Based on number of units held in the BWC Thrift Plan and the fair market value of BWC common stock as of March 10, 2011.

F5: Stock options vest in two equal annual installments beginning March 5, 2011.

F6: Stock options vest in three equal annual installments beginning March 4, 2011.