SEC Form 4 · accession 0000899243-16-015444
BWX Technologies, Inc. · BWXT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Peyton S. Baker
Officer — CEO and President · Director
Period of report
Mar 3, 2016
Accepted (ET)
Mar 7, 2016 · 6:56 pm EST
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 | Mar 3, 2016 | M | 1,357 | $0.00 | A | 65,080 | D | |
| Common Stock | Mar 3, 2016 | F | 449 | $32.47 | D | 64,631 | D | |
| Common Stock | Mar 3, 2016 | M | 274 | $0.00 | A | 64,905 | D | |
| Common Stock | Mar 3, 2016 | F | 90 | $32.47 | D | 64,815 | D | |
| Common Stock | Mar 3, 2016 | M | 2,005 | $0.00 | A | 66,820 | D | |
| Common Stock | Mar 3, 2016 | F | 663 | $32.47 | D | 66,157 | D | |
| Common Stock | Mar 3, 2016 | M | 405 | $0.00 | A | 66,562 | D | |
| Common Stock | Mar 3, 2016 | F | 134 | $32.47 | D | 66,428 | D | |
| Common StockF1 | holding | — | — | — | 2,116 | I | 401(k) Plan |
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 | Mar 3, 2016 | M | 1,357 | D | — | Mar 3, 2017 | Common Stock | 1,357 | 1,357 | D |
| Restricted Stock UnitF2 | $0.00 | Mar 3, 2016 | M | 274 | D | — | Mar 3, 2017 | Common Stock | 274 | 274 | D |
| Restricted Stock UnitF3 | $0.00 | Mar 3, 2016 | M | 2,005 | D | — | Mar 3, 2017 | Common Stock | 2,005 | 4,011 | D |
| Restricted Stock UnitF3 | $0.00 | Mar 3, 2016 | M | 405 | D | — | Mar 3, 2017 | Common Stock | 405 | 809 | D |
Explanation of responses
- F1Based on number of units held in BWXT Thrift Plan and the fair market value of BWXT common stock as of February 24, 2016.
- F2Restricted stock units vest in three equal annual installments beginning March 3, 2015.
- F3Restricted stock units cliff vest on March 3, 2017 but are subject to partial accelerated vesting because the Reporting Person is at least 65 years old prior to the third anniversary of the grant date for the restricted stock units.