SEC Form 4 · accession 0001492520-16-000094
BWX Technologies, Inc. · BWXT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
David S Black
Officer — SVP, CFO and Treasurer
Period of report
May 25, 2016
Accepted (ET)
May 27, 2016 · 2:47 pm 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 25, 2016 | M | 11,619 | $20.47 | A | 61,087 | D | |
| Common Stock | May 25, 2016 | F | 8,618 | $34.85 | D | 52,469 | D | |
| Common Stock | May 25, 2016 | M | 7,314 | $24.97 | A | 59,783 | D | |
| Common Stock | May 25, 2016 | F | 6,231 | $34.85 | D | 53,552 | D | |
| Common Stock | May 25, 2016 | M | 7,155 | $20.31 | A | 60,707 | D | |
| Common Stock | May 25, 2016 | F | 5,160 | $34.85 | D | 55,547 | D | |
| Common Stock | May 25, 2016 | M | 7,704 | $26.39 | A | 63,251 | D | |
| Common Stock | May 25, 2016 | F | 6,454 | $34.85 | D | 56,797 | D | |
| Common StockF1 | holding | — | — | — | 2,764 | 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 Option (right to buy)F2 | $20.47 | May 25, 2016 | M | 11,619 | D | — | Mar 4, 2020 | Common Stock | 11,619 | 0 | D |
| Stock Option (right to buy)F3 | $24.97 | May 25, 2016 | M | 7,314 | D | — | Mar 3, 2021 | Common Stock | 7,314 | 3,657 | D |
| Stock Option (right to buy)F4 | $20.31 | May 25, 2016 | M | 7,155 | D | — | Mar 5, 2019 | Common Stock | 7,155 | 0 | D |
| Stock Option (right to buy)F5 | $26.39 | May 25, 2016 | M | 7,704 | D | — | Mar 4, 2018 | Common Stock | 7,704 | 0 | 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 4, 2014.
- F3Two-thirds of the stock options are vested. The remaining one-third of the stock options will vest March 3, 2017.
- F4Stock options vested in three equal annual installments beginning March 5, 2013.
- F5Stock options vested in three equal annual installments beginning March 4, 2012.