SEC Form 4 · accession 0001199539-17-000002
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
Mar 1, 2017
Accepted (ET)
Mar 3, 2017 · 4:14 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 1, 2017 | M | 177 | $0.00 | A | 100,517 | D | |
| Common Stock | Mar 1, 2017 | F | 177 | $0.00 | D | 100,340 | D | |
| Common StockF1 | holding | — | — | — | 9,283 | 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 1, 2017 | M | 177 | A | — | Mar 1, 2019 | Common Stock | 177 | 177 | D |
| Restricted Stock UnitF3 | $0.00 | Mar 2, 2017 | A | 11,535 | A | — | Mar 1, 2019 | Common Stock | 11,535 | 11,712 | D |
Explanation of responses
- F1Based on number of units held in the BWXT Thrift Plan and the fair market value of BWXT common stock as of March 1, 2017.
- F2The Reporting Person elected to defer receipt of all shares underlying the restricted stock units. On March 1, 2017, 4,752 restricted stock units vested and 177 of those shares were withheld to fulfill tax obligations.
- F3RSUs vest in three equal installments beginning March 2, 2018.