SEC Form 4 · accession 0001492520-16-000113
BWX Technologies, Inc. · BWXT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
A later amendment supersedes this filing — read the amendment. The figures below are kept as originally reported (version chain, not an overwrite).
Reporting owner
Richard W Loving
Officer — SVP, Human Resources
Period of report
Aug 11, 2016
Accepted (ET)
Aug 15, 2016 · 2:42 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 StockF1 | holding | — | — | — | 4,950 | 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 UnitF3 | $0.00 | Aug 11, 2016 | A | 1,857 | A | — | Aug 11, 2019 | Common Stock | 1,857 | 1,857 | D |
| Restricted Stock UnitF5 | $0.00 | Aug 11, 2016 | A | 2,692 | A | — | Mar 1, 2019 | Common Stock | 2,692 | 2,692 | 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 August 5, 2016.
- F2Grant 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.
- F3RSUs vest in three equal annual installments beginning August 11, 2017.
- F4Grant of performance restricted stock units pursuant to the Amended and Restated 2010 Long-Term Incentive Plan of BWX Technologies, Inc. Each performance restricted stock unit represents a contingent right to receive one share of BWXT common stock.
- F5Performance restricted stock units cliff vest on March 1, 2019.