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: Duling Joel W. (President, Nuclear Operations)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2021-03-01	Common Stock	M	1352	—	Acquired	18345	Direct
2021-03-01	Common Stock	F	576	$60	Disposed	17769	Direct
2021-03-02	Common Stock	M	457	—	Acquired	18226	Direct
2021-03-02	Common Stock	A	5062	—	Acquired	23288	Direct
2021-03-02	Common Stock	F	2377	$60.45	Disposed	20911	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2021-03-01	Restricted Stock Units	$0.0	M	1352	Disposed	2022-03-01	Common Stock (1352.0)	Direct
2021-03-02	Restricted Stock Units	$0.0	M	457	Disposed	2020-03-02	Common Stock (457.0)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	423	Indirect

Footnotes

F1: 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.

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, 2020.

F3: RSUs vest in three equal annual installments beginning March 1, 2019.

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