SEC Form 4 · accession 0001645863-17-000004
BWX Technologies, Inc. · BWXT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Jason S. Kerr
Officer — VP & Chief Accounting Officer
Period of report
Mar 2, 2017
Accepted (ET)
Mar 6, 2017 · 5:34 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 2, 2017 | M | 1,338 | $23.62 | A | 5,992 | D | |
| Common Stock | Mar 2, 2017 | S | 1,338 | $47.99 | D | 4,654 | D | |
| Common Stock | Mar 2, 2017 | M | 100 | $23.62 | A | 4,754 | D | |
| Common Stock | Mar 2, 2017 | S | 100 | $48.00 | D | 4,654 | D | |
| Common Stock | Mar 2, 2017 | M | 60 | $23.62 | A | 4,714 | D | |
| Common Stock | Mar 2, 2017 | S | 60 | $48.02 | D | 4,654 | D | |
| Common Stock | Mar 2, 2017 | M | 1,265 | $23.62 | A | 5,919 | D | |
| Common Stock | Mar 2, 2017 | S | 1,265 | $48.02 | D | 4,654 | D | |
| Common Stock | Mar 2, 2017 | M | 496 | $0.00 | A | 5,150 | D | |
| Common Stock | Mar 2, 2017 | F | 189 | $47.40 | D | 4,961 | D | |
| Common Stock | Mar 2, 2017 | S | 2,550 | $48.03 | D | 2,411 | D | |
| Common Stock | Mar 2, 2017 | S | 300 | $48.04 | D | 2,111 | D | |
| Common Stock | Mar 2, 2017 | S | 200 | $48.05 | D | 1,911 | D | |
| Common Stock | Mar 2, 2017 | S | 100 | $48.06 | D | 1,811 | D | |
| Common Stock | Mar 2, 2017 | S | 100 | $48.07 | D | 1,711 | D | |
| Common StockF1 | holding | — | — | — | 287 | 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 2, 2017 | M | 496 | A | — | Mar 2, 2017 | Common Stock | 496 | 496 | D |
| Stock Option (right to buy)F4 | $23.62 | Mar 2, 2017 | M | 1,338 | D | — | Mar 2, 2025 | Common Stock | 1,338 | 4,188 | D |
| Stock Option (right to buy)F4 | $23.62 | Mar 2, 2017 | M | 100 | D | — | Mar 2, 2025 | Common Stock | 100 | 4,088 | D |
| Stock Option (right to buy)F4 | $23.62 | Mar 2, 2017 | M | 60 | D | — | Mar 2, 2025 | Common Stock | 60 | 4,028 | D |
| Stock Option (right to buy)F4 | $23.62 | Mar 2, 2017 | M | 1,265 | D | — | Mar 2, 2025 | Common Stock | 1,265 | 2,763 | 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 vest in three equal annual installments beginning March 2, 2016.
- F3For each exercise of stock options by the reporting person, the Issuer withheld shares of BWXT common stock to satisfy the exercise price of such options and tax withholding obligations.
- F4Stock options vest in three equal annual installments beginning March 2, 2016.