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BWX Technologies, Inc. — Director's Dealing 2019
Jan 3, 2019
30361_dirs_2019-01-03_b8ec00fc-3673-43c2-b8b9-a7545f1b3b25.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: 2019-01-01
Reporting Person: Mies Richard Willard (Director)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2019-01-01 | Common Stock | M | 1034 | — | Acquired | 8101 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2019-01-01 | Restricted Stock Units | $0.0 | M | 756 | Disposed | Common Stock (756.0) | Direct | |
| 2019-01-01 | Restricted Stock Units | $0.0 | M | 231 | Disposed | Common Stock (231.0) | Direct | |
| 2019-01-01 | Dividend Equivalent Rights | $ | M | 47 | Disposed | Common Stock (47.0) | Direct |
Footnotes
F1: RSUs vested immediately. The reporting person elected to defer receipt of shares underlying the RSUs. In accordance with his deferral election, vested shares will be delivered to the reporting person in five annual installments upon the earliest to occur of: (a) the reporting person's termination of service on the Board of Directors; (b) the reporting person's disability; or (c) January 1, 2018.
F2: The dividend equivalent rights accrued on eight restricted stock unit grants of which the reporting person has elected to defer receipt of the shares underlying the RSUs. Each RSU and DER represent a contingent right to receive one share of BWXT common stock. In accordance with the deferral election, the DERs will be delivered to the reporting person proportionately with the RSUs to which they relate.