SEC Form 4 · accession 0000899243-15-000607
BWX Technologies, Inc. · BWXT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
John A Fees
Officer — Executive Chairman · Director
Period of report
Jul 1, 2015
Accepted (ET)
Jul 6, 2015 · 8:08 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001486957
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Jul 1, 2015 | M | 1,656 | $0.00 | A | 1,656 | D | |
| Common Stock | Jul 1, 2015 | F | 1,656 | $24.45 | D | 0 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitF1 | $0.00 | Jul 1, 2015 | A | 40,899 | A | — | — | Common Stock | 40,899 | 40,899 | D |
| Restricted Stock UnitF1 | $0.00 | Jul 1, 2015 | M | 1,656 | D | — | Jul 1, 2015 | Common Stock | 1,656 | 39,243 | D |
Explanation of responses
- F1RSUs vest immediately.
- F2The reporting person elected to defer receipt of all shares underlying the RSUs, 40,899 RSUs vested and 1,652 of those shares were withheld to fulfill tax obligations. In accordance with his deferral election, vested shares will be delivered to the reporting person in one lump sum six months following termination of employment.
Remarks
Exhibit List: Exhibit 24 - Power of Attorney