SEC Form 4 · accession 0001492627-18-000019
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
Jul 1, 2018
Accepted (ET)
Jul 3, 2018 · 3:15 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 | Jul 1, 2018 | M | 3,629 | $0.00 | A | 72,503 | D | |
| Common Stock | Jul 1, 2018 | F | 1,632 | $62.32 | D | 70,871 | D | |
| Common StockF1 | holding | — | — | — | 2,807 | 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 UnitsF2 | $0.00 | Jul 1, 2018 | M | 886 | D | — | Jul 1, 2018 | Common Stock | 886 | 0 | D |
| Restricted Stock UnitsF3 | $0.00 | Jul 1, 2018 | M | 2,743 | D | — | Jul 1, 2018 | Common Stock | 2,743 | 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 June 29, 2018.
- F2Restricted stock units vested in three equal annual installments beginning July 1, 2016.
- F3100% of RSUs cliff vested on July 1, 2018.