BWX Technologies, Inc. — Director's Dealing 2015

Mar 6, 2015

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Babcock & Wilcox Co (BWC)
CIK: 0001486957
Period of Report: 2015-03-04

Reporting Person: Baker Peyton S. (President - Govt. Operations)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2015-03-04	Common Stock	M	28	—	Acquired	22009	Direct
2015-03-04	Common Stock	F	28	$30.78	Disposed	21981	Direct
2015-03-05	Common Stock	M	667	—	Acquired	22648	Direct
2015-03-05	Common Stock	F	216	$30.50	Disposed	22432	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2015-03-04	Restricted Stock Units	$0	M	28	Disposed	2016-03-04	Common Stock (28)	Direct
2015-03-05	Restricted Stock Units	$0	M	667	Disposed	2015-03-05	Common Stock (667)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	2034	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 2, 2015.

F2: The reporting person elected to defer receipt of all shares underlying the RSUs. On March 4, 2015, 1,407 RSUs vested and 28 of those shares were withheld to fulfill tax obligations. In accordance with his deferral election, vested shares will be delivered to the reporting person in one lump sum six months following termination of employment.

F3: RSUs vest in three equal annual installments beginning March 4, 2014.

F4: RSUs vest in three equal annual installments beginning March 5, 2013.