BWX Technologies, Inc. — Director's Dealing 2022

Mar 3, 2022

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: BWX Technologies, Inc. (BWXT)
CIK: 0001486957
Period of Report: 2022-03-01

Reporting Person: Loving Richard W (SVP and CAO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2022-03-01	Common Stock	M	1112	—	Acquired	15414	Direct
2022-03-01	Common Stock	F	475	$54.04	Disposed	14939	Direct
2022-03-01	Common Stock	A	7094	—	Acquired	22033	Direct
2022-03-01	Common Stock	F	3199	$54.04	Disposed	18834	Direct
2022-03-01	Common Stock	S	300	$58.85	Disposed	18534	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2022-03-01	Restricted Stock Units	$0.0	M	1112	Disposed	2022-03-01	Common Stock (1112.0)	Direct
2022-03-01	Restricted Stock Units	$0.0	M	7094	Disposed		Common Stock (7094.0)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	5267	Indirect

Footnotes

F1: Represents performance restricted stock units ("PRSU") awarded on March 1, 2019 for the performance period January 1, 2019 through December 31, 2021 for which performance goals have been achieved and certified on February 18, 2022. Each PRSU represents the right to one share of the issuer's common stock. The PRSUs vested on March 1, 2022.

F2: 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.

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, 2021.

F4: Restricted stock units vested in three equal annual installments beginning March 1, 2020.