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BWX Technologies, Inc. — Director's Dealing 2015
Jul 6, 2015
30361_dirs_2015-07-06_81380a0b-a674-4e33-bbd0-d462e91f10dc.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: BWX Technologies, Inc. (BWXT)
CIK: 0001486957
Period of Report: 2015-07-01
Reporting Person: Bash Benjamin H. (See Remarks.)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2015-07-01 | Stock Option (right to buy) | $24.45 | A | 8193 | Acquired | 2025-07-01 | Common Stock (8193) | Direct |
| 2015-07-01 | Restricted Stock Unit | $0.00 | A | 1437 | Acquired | 2018-07-01 | Common Stock (1437) | Direct |
| 2015-07-01 | Restricted Stock Unit | $0.00 | A | 1483 | Acquired | 2018-07-01 | Common Stock (1483) | Direct |
| 2015-07-01 | Restricted Stock Unit | $0.00 | A | 2005 | Acquired | 2017-03-03 | Common Stock (2005) | Direct |
| 2015-07-01 | Restricted Stock Unit | $0.00 | A | 2305 | Acquired | 2016-03-04 | Common Stock (2305) | Direct |
Footnotes
F1: Stock options vest in three equal annual installments beginning July 1, 2016.
F2: RSUs vest in three equal annual installments beginning July 1, 2016.
F3: 100% of RSUs cliff vest on July 1, 2018.
F4: In connection with the spin-off of Babcock & Wilcox Enterprises, Inc. and pursuant to the terms of the Employee Matters Agreement, dated as of June 8, 2015, between the Issuer and Babcock & Wilcox Enterprises, Inc., Performance RSUs granted under the Amended and Restated 2010 Long-Term Incentive Plan, which would have been payable following the three-year performance period ending on the vesting date and based upon achievement of certain performance levels, converted into RSUs.
F5: 100% of RSUs cliff vest on March 3, 2017.
F6: 100% of RSUs cliff vest on March 4, 2016.