SEC Form 4 · accession 0001492627-17-000004
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
Mar 3, 2017
Accepted (ET)
Mar 7, 2017 · 5:22 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, 2017 | M | 719 | $0.00 | A | 56,063 | D | |
| Common Stock | Mar 3, 2017 | F | 237 | $47.79 | D | 55,826 | D | |
| Common Stock | Mar 3, 2017 | M | 4,251 | $0.00 | A | 60,077 | D | |
| Common Stock | Mar 3, 2017 | F | 1,401 | $47.79 | D | 58,676 | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitF2 | $0.00 | Mar 3, 2017 | M | 719 | D | — | Mar 3, 2017 | Common Stock | 719 | 0 | D |
| Restricted Stock UnitF3 | $0.00 | Mar 3, 2017 | M | 4,251 | D | — | Mar 3, 2017 | Common Stock | 4,251 | 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 March 1, 2017.
- F2RSUs vested in three equal annual installments beginning March 3, 2015.
- F3100% of RSUs cliff vested on March 3, 2017.