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BWX Technologies, Inc. Director's Dealing 2011

Mar 8, 2011

30361_dirs_2011-03-08_fc034d0c-6887-4723-9d16-775525ce8c4a.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: 2011-03-04

Reporting Person: Salomone Mary P (SVP and COO)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2011-03-04 Common Stock M 4073 Acquired 6777 Direct
2011-03-04 Common Stock F 1321 $34.55 Disposed 5456 Direct
2011-03-05 Common Stock M 2370 Acquired 7826 Direct
2011-03-05 Common Stock F 769 $34.55 Disposed 7057 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2011-03-04 Restricted Stock Units $0 M 4073 Disposed 2013-03-04 Common Stock (4073) Direct
2011-03-04 Restricted Stock Units $0 A 5565 Acquired 2014-03-04 Common Stock (5565) Direct
2011-03-04 Stock Options (right to buy) $34.55 A 17586 Acquired 2018-03-04 Common Stock (17586) Direct
2011-03-04 Restricted Stock Units $0 A 4929 Acquired 2013-08-12 Common Stock (4929) Direct
2011-03-04 Stock Options (right to buy) $34.55 A 15576 Acquired 2018-03-04 Common Stock (15576) Direct
2011-03-05 Restricted Stock Units $0 M 2370 Disposed 2012-03-05 Common Stock (2370) Direct

Holdings (Non-Derivative)

Security Shares Ownership
Common Stock 293 Indirect

Footnotes

F1: Based on number of units held in the BWC Thrift Plan and the fair market value of BWC common stock as of March 4, 2011.

F2: Each restricted stock unit represents a contingent right to receive one share of BWC common stock.

F3: RSUs vest in three equal annual installments beginning March 4, 2011.

F4: Grant of restricted stock units pursuant to the Amended and Restated 2010 Long-Term Incentive Plan of The Babcock & Wilcox Company. Each restricted stock unit represents a contingent right to receive one share of BWC common stock.

F5: RSUs vest in three equal annual installments beginning March 4, 2012.

F6: Grant of stock options pursuant to the Amended and Restated 2010 Long-Term Incentive Plan of The Babcock & Wilcox Company.

F7: Stock options vest in three equal annual installments beginning March 4, 2012.

F8: RSUs vest in three equal annual installments beginning August 12, 2011.

F9: Stock options vest in three equal annual installments beginning August 12, 2011.

F10: RSUs vest in two equal annual installments beginning March 5, 2011.