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BWX Technologies, Inc. — Director's Dealing 2015
Jul 6, 2015
30361_dirs_2015-07-06_593fb82f-5062-4a51-b535-475ea551c5ec.zip
Director's Dealing
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SEC Form 3 — Initial Statement of Beneficial Ownership
Issuer: BWX Technologies, Inc. (BWXT)
CIK: 0001486957
Period of Report: 2015-07-01
Reporting Person: Kerr Jason S. (See Remarks)
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 351 | Direct |
| Common Stock | 284 | Indirect |
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Stock Options (right to buy) | $34.55 | 2018-03-04 | Common Stock (879) | Direct | |
| Stock Options (right to buy) | $26.59 | 2019-03-05 | Common Stock (1293) | Direct | |
| Stock Option (right to buy) | $26.80 | 2020-03-04 | Common Stock (2391) | Direct | |
| Stock Option (right to buy) | $32.69 | 2021-03-03 | Common Stock (3729) | Direct | |
| Stock Option (right to buy) | $30.92 | 2025-03-02 | Common Stock (6330) | Direct | |
| Restricted Stock Unit | $0.00 | 2016-03-04 | Common Stock (170) | Direct | |
| Restricted Stock Unit | $0.00 | 2017-03-03 | Common Stock (462) | Direct | |
| Restricted Stock Unit | $0.00 | 2018-03-02 | Common Stock (1173) | Direct | |
| Restricted Stock Unit | $0.00 | 2018-03-02 | Common Stock (1137) | Direct |
Footnotes
F1: Based on number of units held in the BWXT Thrift Plan and the fair market value of BWXT common stock as of June 25, 2015.
F2: Number of underlying shares and exercise price are subject to adjustment pursuant to the Employee Matters Agreement, dated as of June 8, 2015, between Issuer and Babcock & Wilcox Enterprises, Inc. in connection with Issuer's spin-off of its Power Generation business on June 30, 2015.
F3: 100% of stock options are vested.
F4: 100% of stock options are vested.
F5: Two-thirds of the stock options are vested. The remaining one-third of the stock options vest March 4, 2016.
F6: One-third of the stock options are vested. The remaining two-thirds of the stock options vest in two equal annual installments beginning March 3, 2016.
F7: Stock options vest in three equal annual installments beginning March 2, 2016.
F8: 100% of RSUs vest on March 4, 2016.
F9: RSUs vest in two equal annual installments beginning March 3, 2016.
F10: 100% of RSUs cliff vest on March 2, 2018.
F11: RSUs vest in three equal annual installments beginning March 2, 2016.