AI assistant
BWX Technologies, Inc. — Director's Dealing 2024
Feb 27, 2024
30361_dirs_2024-02-27_b4ef4f93-c1cf-44ea-9d07-6d0fb58184e0.zip
Director's Dealing
Open in viewerOpens in your device viewer
SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: BWX Technologies, Inc. (BWXT)
CIK: 0001486957
Period of Report: 2024-02-25
Reporting Person: LeMasters Robb A. (SVP & Chief Financial Officer)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2024-02-25 | Common Stock | M | 3847 | — | Acquired | 31802 | Direct |
| 2024-02-25 | Common Stock | F | 1765 | $89.83 | Disposed | 30037 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2024-02-25 | Restricted Stock Units | $0 | M | 989 | Disposed | 2024-02-25 | Common Stock (989) | Direct |
| 2024-02-25 | Restricted Stock Units | $0 | M | 2802 | Disposed | Common Stock (2802) | Direct | |
| 2024-02-25 | Restricted Stock Units | $0 | A | 1380 | Acquired | Common Stock (1380) | Direct | |
| 2024-02-25 | Restricted Stock Units | $0 | M | 56 | Disposed | Common Stock (56) | Direct |
Footnotes
F1: The reported transaction includes the withholding of 56 shares of common stock converted to pay taxes associated with the deferral by the reporting person of a portion of the Performance Restricted Stock Unit ("PRSU") award vesting on February 25, 2024.
F2: RSUs vest in three equal annual installments beginning February 25, 2022.
F3: Represents a portion of the performance restricted stock units ('PRSUs') awarded on February 25, 2021 for the performance period January 1, 2021 through December 31, 2023 for which performance goals have been achieved and certified on February 23, 2024. Each PRSU represents the right to one share of the issuer's common stock. The PRSU vested on February 25, 2024.
F4: Represents a portion of the performance restricted stock units ('PRSUs') awarded on February 25, 2021 for the performance period January 1, 2021 through December 31, 2023 for which performance goals have been achieved and certified on February 23, 2024. Each PRSU represents the right to one share of the issuer's common stock. The PRSUs vested on February 25, 2024, but the reporting person elected to defer receipt of shares underlying 1,380 of his vested PRSUs. In accordance with his deferral election, vested shares will be delivered to the reporting person in five annual installments following termination of his employment with the issuer. 56 of the vested PRSUs were converted to common stock to pay taxes associated with the deferral.