SEC Form 4 · accession 0000899243-15-000604
BWX Technologies, Inc. · BWXT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
William A. Fox III
Officer — See Remarks
Period of report
Jul 1, 2015
Accepted (ET)
Jul 6, 2015 · 8:02 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001486957
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitF2 | $0.00 | Jul 1, 2015 | A | 5,974 | A | — | Mar 4, 2016 | Common Stock | 5,974 | 5,974 | D |
Explanation of responses
- F1In connection with the spin-off of Babcock & Wilcox Enterprises, Inc. from the Issuer and pursuant to the terms of the Employee Matters Agreement, dated as of June 8, 2015, between the Issuer and Babcock & Wilcox Enterprises, Inc., Performance RSUs granted under the Amended and Restated 2010 Long-Term Incentive Plan of the Issuer, which would have been payable following the three-year performance period ending on the vesting date and based upon achievement of certain performance levels, converted into RSUs.
- F2100% of RSUs cliff vest on March 4, 2016.
Remarks
President, BWXT Technical Services Group, Inc. President, BWXT Nuclear Energy, Inc. President, BWXT mPower, Inc.