Rex D. Geveden - Mar 1, 2022 Form 4 Insider Report for BWX Technologies, Inc. (BWXT)

Signature
/s/ Rex D. Geveden, by Theresa B. Taylor, attorney-in-fact
Stock symbol
BWXT
Transactions as of
Mar 1, 2022
Transactions value $
-$1,279,667
Form type
4
Date filed
3/3/2022, 04:41 PM
Previous filing
Jul 7, 2022
Next filing
May 18, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BWXT Common Stock Options Exercise $0 +7.16K +6.22% $0.00 122K Mar 1, 2022 Direct
transaction BWXT Common Stock Tax liability -$165K -3.06K -2.5% $54.04 119K Mar 1, 2022 Direct
transaction BWXT Common Stock Award $0 +45.7K +38.31% $0.00 165K Mar 1, 2022 Direct F1
transaction BWXT Common Stock Tax liability -$1.11M -20.6K -12.49% $54.04 144K Mar 1, 2022 Direct

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction BWXT Restricted Stock Units Options Exercise $0 -7.16K -100% $0.00* 0 Mar 1, 2022 Common Stock 7.16K $0.00 Direct F2
transaction BWXT Restricted Stock Units Options Exercise $0 -45.7K -100% $0.00* 0 Mar 1, 2022 Common Stock 45.7K $0.00 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents performance restricted stock units ("PRSU") awarded on March 1, 2019 for the performance period January 1, 2019 through December 31, 2021 for which performance goals have been achieved and certified on February 18, 2022. Each PRSU represents the right to one share of the issuer's common stock. The PRSUs vested on March 1, 2022.
F2 Restricted stock units vested in three equal annual installments beginning February 1, 2020.