BWX Technologies, Inc. — Director's Dealing 2020

Mar 3, 2020

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: BWX Technologies, Inc. (BWXT)
CIK: 0001486957
Period of Report: 2020-03-01

Reporting Person: Loving Richard W (SVP and CAO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2020-03-01	Common Stock	M	1159	—	Acquired	8532	Direct
2020-03-01	Common Stock	F	410	$54.84	Disposed	8122	Direct
2020-03-02	Common Stock	M	2259	—	Acquired	10381	Direct
2020-03-02	Common Stock	A	7433	—	Acquired	17814	Direct
2020-03-02	Common Stock	F	2911	$55.47	Disposed	14903	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2020-03-01	Restricted Stock Units	$0.0	M	1159	Disposed	2022-03-01	Common Stock (1159.0)	Direct
2020-03-02	Restricted Stock Units	$0.0	M	1230	Disposed	2020-03-02	Common Stock (1230.0)	Direct
2020-03-02	Restricted Stock Units	$0.0	M	1029	Disposed	2021-03-02	Common Stock (1029.0)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	5125	Indirect

Footnotes

F1: Represents performance restricted stock units ("PRSU") awarded on March 2, 2017 for the performance period January 1, 2017 through December 31, 2019, for which performance goals have been achieved and certified on February 21, 2020. Each PRSU represents the right to one share of the issuer's common stock. The PRSUs vested on March 2, 2020.

F2: Based on number of units held in the BWXT Thrift Plan and the fair market value of BWXT common stock as of December 31, 2019.

F3: RSUs vest in three equal annual installments beginning March 1, 2020.

F4: RSUs vest in three equal annual installments beginning March 2, 2018.

F5: RSUs vest in three equal annual installments beginning March 2, 2019.