SEC Form 4 · accession 0001492520-15-000004
BWX Technologies, Inc. · BWXT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
James D Canafax
Officer — SVP & Gen. Counsel
Period of report
Mar 2, 2015
Accepted (ET)
Mar 4, 2015 · 6:12 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, 2015 | M | 1,981 | $0.00 | A | 29,851 | D | |
| Common Stock | Mar 3, 2015 | F | 679 | $30.75 | D | 29,172 | D | |
| Common StockF1 | holding | — | — | — | 2,846 | I | 401k 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 UnitsF3 | $0.00 | Mar 2, 2015 | A | 8,798 | A | — | Mar 2, 2018 | Common Stock | 8,798 | 8,798 | D |
| Restricted Stock UnitsF4 | $0.00 | Mar 2, 2015 | A | 8,523 | A | — | Mar 2, 2018 | Common Stock | 8,523 | 8,523 | D |
| Stock Options (right to buy)F6 | $30.92 | Mar 2, 2015 | A | 47,487 | A | — | Mar 2, 2025 | Common Stock | 47,487 | 47,487 | D |
| Restricted Stock UnitsF7 | $0.00 | Mar 3, 2015 | M | 1,981 | D | — | Mar 3, 2017 | Common Stock | 1,981 | 3,962 | D |
Explanation of responses
- F1Based on number of units held in the BWC Thrift Plan and the fair market value of BWC common stock as of March 2, 2015.
- F2Grant of restricted stock units pursuant to the Amended and Restated 2010 Long-Term Incentive Plan of The Babcock & Wilcox Company. Each restricted stock unit represents a contingent right to receive one share of BWC common stock.
- F3100% of the RSUs vest on March 2, 2018.
- F4RSUs vest in three equal annual installments beginning March 2, 2016.
- F5Grant of stock options pursuant to the Amended and Restated 2010 Long-Term Incentive Plan of The Babcock & Wilcox Company.
- F6Stock options vest in three equal annual installments beginning March 2, 2016.
- F7RSUs vest in three equal annual installments beginning March 3, 2015.