BWX Technologies, Inc. — Director's Dealing 2012

Mar 6, 2012

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Babcock & Wilcox Co (BWC)
CIK: 0001486957
Period of Report: 2012-03-04

Reporting Person: Lees Michael D (President - NE)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2012-03-04	Common Stock	M	1675	—	Acquired	11635	Direct
2012-03-04	Common Stock	F	770	$26.91	Disposed	10865	Direct
2012-03-04	Common Stock	M	583	—	Acquired	11705	Direct
2012-03-04	Common Stock	F	268	$26.91	Disposed	11180	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2012-03-04	Restricted Stock Units	$0	M	1675	Disposed	2013-03-04	Common Stock (1675)	Direct
2012-03-04	Restricted Stock Units	$0	M	583	Disposed	2014-03-04	Common Stock (583)	Direct

Footnotes

F1: Each restricted stock unit represents a contingent right to receive one share of BWC common stock.

F2: RSUs vest in three equal annual installments beginning March 4, 2011.

F3: RSUs vest in three equal annual installments beginning March 4, 2012.