BWX Technologies, Inc. — Director's Dealing 2018

Mar 22, 2018

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: BWX Technologies, Inc. (BWXT)
CIK: 0001486957
Period of Report: 2018-03-21

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2018-03-21	Common Stock	M	2763	$23.62	Acquired	8596	Direct
2018-03-21	Common Stock	F	1517	$66.23	Disposed	7079	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2018-03-21	Stock Options (right to buy)	$23.62	M	2763	Disposed	2025-03-02	Common Stock (2763.0)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	288	Indirect

Footnotes

F1: Based on the number of units held in the BWXT Thrift Plan and the fair market value of BWXT common stock as of March 1, 2018.

F2: 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.

F3: Stock options vest in three equal annual installments beginning March 2, 2016.