SEC Form 4 · accession 0000902664-17-001448
BWX Technologies, Inc. · BWXT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owners
Clifton S Robbins
Director · Other
Blue Harbour Group, L.P.
Director · Other
Blue Harbour Holdings, LLC
Director · Other
Period of report
Mar 7, 2017
Accepted (ET)
Mar 8, 2017 · 5:15 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, par value $0.01 per share ("Common Stock")F1,F2 | Mar 7, 2017 | S | 5,273,159 | $45.67 | D | 5,287,927 | I | See footnotes |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1This Form 4 is filed by Blue Harbour Group, L.P. (the "Manager"), Blue Harbour Holdings, LLC ("Manager GP") and Clifton S. Robbins. Manager GP is the general partner of Manager. Mr. Robbins is the managing member of Manager GP.
- F2Pursuant to Rule 16a-1 under the Securities Exchange Act of 1934, as amended (the "Act"), each of the Reporting Persons may be deemed to be the beneficial owner of the securities reported herein to the extent of his or its pecuniary interest therein, but disclaims beneficial ownership in excess of such amount; and pursuant to Rule 16a-1(a)(4) under the Act, this filing shall not be deemed an admission that any of the Reporting Persons is, for purposes of Section 16 of the Act or otherwise, the beneficial owner of any securities reported herein in excess of such amount.
Remarks
Because Robb A. LeMasters, an employee of the Manager, serves as a member of the board of directors of the Issuer, each of the Reporting Persons may be deemed to be a director by deputization.