SEC Form 4 · accession 0001546158-15-000004
BWX Technologies, Inc. · BWXT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
J Randall Data
Officer — President - PGG
Period of report
Mar 4, 2015
Accepted (ET)
Mar 6, 2015 · 3:53 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 4, 2015 | M | 30 | $0.00 | A | 26,942 | D | |
| Common Stock | Mar 4, 2015 | F | 30 | $30.78 | D | 26,912 | D | |
| Common Stock | Mar 5, 2015 | M | 1,335 | $0.00 | A | 28,247 | D | |
| Common Stock | Mar 5, 2015 | F | 445 | $30.50 | D | 27,802 | D | |
| Common StockF1 | holding | — | — | — | 1,657 | I | 401k 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,F3 | $0.00 | Mar 4, 2015 | M | 30 | D | — | Mar 4, 2016 | Common Stock | 30 | 4,410 | D |
| Restricted Stock UnitsF4 | $0.00 | Mar 5, 2015 | M | 1,335 | D | — | Mar 5, 2015 | Common Stock | 1,335 | 0 | D |
Explanation of responses
- F1Based on number of units held in the BWC Thrift Plan and the fair market value of BWC common stock as of March 2, 2015.
- F2The reporting person elected to defer receipt of all shares underlying the RSUs. On March 4, 2015, 1,490 RSUs vested and 30 of those shares were withheld to fulfill tax obligations. In accordance with his deferral election, vested shares will be delivered to the reporting person in one lump sum six months following termination of employment.
- F3RSUs vest in three equal annual installments beginning March 4, 2014.
- F4RSUs vest in three equal annual installments beginning March 5, 2013.