SEC Form 4 · accession 0001492627-19-000005
BWX Technologies, Inc. · BWXT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Rex D Geveden
Officer — President and CEO · Director
Period of report
Mar 1, 2019
Accepted (ET)
Mar 5, 2019 · 6:40 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 StockF1 | Mar 1, 2019 | A | 47,410 | $0.00 | A | 76,005 | D | |
| Common Stock | Mar 1, 2019 | F | 19,310 | $51.76 | D | 56,695 | D | |
| Common Stock | Mar 1, 2019 | M | 5,447 | $0.00 | A | 62,142 | D | |
| Common Stock | Mar 1, 2019 | F | 1,631 | $51.76 | D | 60,511 | D |
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 | Mar 1, 2019 | M | 5,447 | D | — | Mar 1, 2019 | Common Stock | 5,447 | 0 | D |
| Restricted Stock UnitsF3 | $0.00 | Mar 1, 2019 | A | 22,410 | A | — | Mar 1, 2022 | Common Stock | 22,410 | 22,410 | D |
Explanation of responses
- F1Represents performance restricted stock units ("PRSU") awarded on February 29, 2016 for the performance period January 1, 2016 through December 31, 2018, for which performance goals have been achieved and certified on February 28, 2019. Each PRSU represents the right to one share of the issuer's common stock. The PRSUs vested on March 1, 2019.
- F2RSUs vest in three equal annual installments beginning March 1, 2017.
- F3RSUs vest in three equal annual installments beginning March 1, 2020.