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BWX Technologies, Inc. — Director's Dealing 2015
Jul 6, 2015
30361_dirs_2015-07-06_3510ea53-9dcb-4b98-8984-b1a43f2466dd.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: Henry Joseph G (See Remarks)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2015-07-01 | Common Stock | M | 1507 | $0.00 | Acquired | 10371 | Direct |
| 2015-07-01 | Common Stock | F | 412 | $24.45 | Disposed | 9959 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2015-07-01 | Restricted Stock Unit | $0.00 | A | 1376 | Acquired | 2017-03-03 | Common Stock (1376) | Direct |
| 2015-07-01 | Restricted Stock Unit | $0.00 | M | 344 | Disposed | 2015-07-01 | Common Stock (344) | Direct |
| 2015-07-01 | Restricted Stock Unit | $0.00 | A | 4652 | Acquired | 2017-03-03 | Common Stock (4652) | Direct |
| 2015-07-01 | Restricted Stock Unit | $0.00 | M | 1163 | Disposed | 2015-07-01 | Common Stock (1163) | Direct |
| 2015-07-01 | Restricted Stock Unit | $0.00 | A | 5502 | Acquired | 2016-03-04 | Common Stock (5502) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 1115 | Indirect |
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: In connection with the spin-off of Babcock & Wilcox Enterprises, Inc. from the Issuer 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 of the Issuer, 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.
F3: One-quarter of the RSUs vested on July 1, 2015. The remaining three-quarters of the RSUs will cliff vest on March 3, 2017.
F4: One-quarter of the RSUs vested on July 1, 2015. The remaining three-quarters of the RSUs will cliff vest on March 3, 2017.
F5: 100% of RSUs cliff vest on March 4, 2016.