BWX Technologies, Inc. — Director's Dealing 2017

Mar 6, 2017

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: BWX Technologies, Inc. (BWXT)
CIK: 0001486957
Period of Report: 2017-03-02

Reporting Person: Kerr Jason S. (VP & Chief Accounting Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2017-03-02	Common Stock	M	1338	$23.62	Acquired	5992	Direct
2017-03-02	Common Stock	S	1338	$47.99	Disposed	4654	Direct
2017-03-02	Common Stock	M	100	$23.62	Acquired	4754	Direct
2017-03-02	Common Stock	S	100	$48	Disposed	4654	Direct
2017-03-02	Common Stock	M	60	$23.62	Acquired	4714	Direct
2017-03-02	Common Stock	S	60	$48.02	Disposed	4654	Direct
2017-03-02	Common Stock	M	1265	$23.62	Acquired	5919	Direct
2017-03-02	Common Stock	S	1265	$48.02	Disposed	4654	Direct
2017-03-02	Common Stock	M	496	—	Acquired	5150	Direct
2017-03-02	Common Stock	F	189	$47.40	Disposed	4961	Direct
2017-03-02	Common Stock	S	2550	$48.03	Disposed	2411	Direct
2017-03-02	Common Stock	S	300	$48.04	Disposed	2111	Direct
2017-03-02	Common Stock	S	200	$48.05	Disposed	1911	Direct
2017-03-02	Common Stock	S	100	$48.06	Disposed	1811	Direct
2017-03-02	Common Stock	S	100	$48.07	Disposed	1711	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2017-03-02	Restricted Stock Unit	$0.0	M	496	Acquired	2017-03-02	Common Stock (496.0)	Direct
2017-03-02	Stock Option (right to buy)	$23.62	M	1338	Disposed	2025-03-02	Common Stock (1338.0)	Direct
2017-03-02	Stock Option (right to buy)	$23.62	M	100	Disposed	2025-03-02	Common Stock (100.0)	Direct
2017-03-02	Stock Option (right to buy)	$23.62	M	60	Disposed	2025-03-02	Common Stock (60.0)	Direct
2017-03-02	Stock Option (right to buy)	$23.62	M	1265	Disposed	2025-03-02	Common Stock (1265.0)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	287	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 March 1, 2017.

F2: RSUs vest in three equal annual installments beginning March 2, 2016.

F3: For each exercise of stock options by the reporting person, the Issuer withheld shares of BWXT common stock to satisfy the exercise price of such options and tax withholding obligations.

F4: Stock options vest in three equal annual installments beginning March 2, 2016.