SEC Form 4 · accession 0001492520-16-000087
BWX Technologies, Inc. · BWXT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Jan Bertsch
Director
Period of report
May 5, 2016
Accepted (ET)
May 9, 2016 · 4:43 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001486957
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF2 | $0.00 | May 5, 2016 | A | 3,660 | A | — | — | Common Stock | 3,660 | 3,660 | D |
Explanation of responses
- F1Grant of restricted stock units pursuant to the Amended and Restated 2010 Long-Term Incentive Plan of BWX Technologies, Inc. Each restricted stock unit represents a contingent right to receive one share of BWXT common stock.
- F2RSUs vested immediately. The reporting person elected to defer receipt of shares underlying the RSUs. In accordance with her deferral election, vested shares will be delivered to the reporting person in one lump sum following termination of service on the Board of Directors.