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: Black David S (Sr. V.P, CFO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2020-03-01	Common Stock	M	1803	—	Acquired	72964	Direct
2020-03-01	Common Stock	F	582	$54.84	Disposed	72382	Direct
2020-03-02	Common Stock	M	3331	—	Acquired	75713	Direct
2020-03-02	Common Stock	A	11148	—	Acquired	86861	Direct
2020-03-02	Common Stock	F	4310	$55.47	Disposed	82551	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2020-03-01	Restricted Stock Units	$0.0	M	1803	Disposed	2022-03-01	Common Stock (1803.0)	Direct
2020-03-02	Restricted Stock Units	$0.0	M	1845	Disposed	2020-03-02	Common Stock (1845.0)	Direct
2020-03-02	Restricted Stock Units	$0.0	M	1486	Disposed	2021-03-02	Common Stock (1486.0)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	2863	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.