SEC Form 4 · accession 0001486957-17-000025
BWX Technologies, Inc. · BWXT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
David S Black
Officer — Sr. V.P, CFO
Period of report
May 26, 2017
Accepted (ET)
May 31, 2017 · 10:36 am 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 | May 26, 2017 | M | 3,657 | $24.97 | A | 62,333 | D | |
| Common Stock | May 26, 2017 | F | 2,465 | $48.59 | D | 59,868 | D | |
| Common Stock | May 26, 2017 | M | 14,646 | $23.62 | A | 74,514 | D | |
| Common Stock | May 26, 2017 | F | 10,317 | $48.59 | D | 64,197 | D | |
| Common Stock | May 26, 2017 | M | 5,052 | $24.45 | A | 69,249 | D | |
| Common Stock | May 26, 2017 | F | 3,735 | $48.59 | D | 65,514 | D | |
| Common StockF1 | holding | — | — | — | 2,775 | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Options (right to buy)F2 | $24.97 | May 26, 2017 | M | 3,657 | D | — | Mar 3, 2021 | Common Stock | 3,657 | 0 | D |
| Stock Options (right to buy)F3 | $23.62 | May 26, 2017 | M | 14,646 | D | — | Mar 2, 2025 | Common Stock | 14,646 | 7,323 | D |
| Stock Options (right to buy)F4 | $24.45 | May 26, 2017 | M | 5,052 | D | — | Jul 1, 2025 | Common Stock | 5,052 | 10,104 | 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 May 26, 2016.
- F2Stock options vested in three equal annual installments beginning March 3, 2015.
- F3Stock options vest in three equal annual installments beginning March 2, 2016.
- F4Stock options vest in three equal annual installments beginning July 1, 2016.