BWX Technologies, Inc. — Director's Dealing 2021

Mar 3, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: BWX Technologies, Inc. (BWXT)
CIK: 0001486957
Period of Report: 2021-03-01

Reporting Person: Loving Richard W (SVP and CAO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2021-03-01	Common Stock	M	1159	—	Acquired	14187	Direct
2021-03-01	Common Stock	F	524	$60	Disposed	13663	Direct
2021-03-01	Common Stock	S	300	$58.85	Disposed	13363	Direct
2021-03-02	Common Stock	M	1029	—	Acquired	14392	Direct
2021-03-02	Common Stock	A	4673	—	Acquired	19065	Direct
2021-03-02	Common Stock	F	2571	$60.45	Disposed	16494	Direct

Derivative Transactions

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

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	5190	Indirect

Footnotes

F1: The sale reported in this Form 4 was effected pursuant to a Rule 10b5-1 trading plan entered into by the reporting person on June 2, 2020.

F2: Represents performance restricted stock units ("PRSU") awarded on March 2, 2018 for the performance period January 1, 2018 through December 31, 2020, for which performance goals have been achieved and approved on February 19, 2021. Each PRSU represents the right to one share of the issuer's common stock. The PRSUs vested on March 2, 2021.

F3: Based on number of units held in the BWXT Thrift Plan and the fair market value of BWXT common stock as of December 31, 2020.

F4: RSUs vest in three equal annual installments beginning March 1, 2019.

F5: RSUs vest in three equal annual installments beginning March 2, 2018.