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BWX Technologies, Inc. — Director's Dealing 2015
Jul 8, 2015
30361_dirs_2015-07-08_5f359489-8c0f-4423-87ef-7243ab597c00.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: 2015-07-06
Reporting Person: Fox William A. III (See Remarks)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2015-07-06 | Stock Option (right to buy) | $23.62 | A | 7344 | Acquired | 2025-03-02 | Common Stock (7344) | Direct |
| 2015-07-06 | Stock Option (right to buy) | $25.76 | D | 783 | Disposed | 2020-09-30 | Common Stock (783) | Direct |
| 2015-07-06 | Restricted Stock Unit | $0.00 | A | 1318 | Acquired | 2018-03-02 | Common Stock (1318) | Direct |
| 2015-07-06 | Restricted Stock Unit | $0.00 | A | 1361 | Acquired | 2018-03-02 | Common Stock (1361) | Direct |
Footnotes
F1: Represents adjustments made pursuant to the Employee Matters Agreement, dated as of June 8, 2015, between the Issuer and Babcock & Wilcox Enterprises, Inc. and the Issuer's Amended and Restated 2010 Long-Term Incentive Plan in connection with the Issuer's spin-off of Babcock & Wilcox Enterprises, Inc. on June 30, 2015.
F2: Stock options vest in three equal annual installments beginning March 2, 2016.
F3: One-third of stock options are vested. The remaining two-thirds of the stock options will vest in two equal annual installments beginning September 30, 2015.
F4: RSUs vest in three equal annual installments beginning March 2, 2016.
F5: 100% of RSUs cliff vest on March 2, 2018.