ROBERT L. NARDELLI - 08 Sep 2021 Form 4 Insider Report for BWX Technologies, Inc. (BWXT)

Role
Director
Signature
/s/ Robert L. Nardelli, by Theresa B. Taylor, attorney-in-fact
Issuer symbol
BWXT
Transactions as of
08 Sep 2021
Transactions value $
$0
Form type
4
Filing time
10 Sep 2021, 17:01:08 UTC
Previous filing
11 Jun 2021
Next filing
14 Dec 2021

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 Dividend Equivalent Rights Award $0 +83.9 +7.61% $0.00 1.19K 08 Sep 2021 Common Stock 83.9 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The dividend equivalent rights accrued on eight restricted stock unit grants of which the reporting person has elected to defer receipt of the shares underlying the RSUs. Each RSU and DER represent a contingent right to receive one share of BWXT common stock. In accordance with the deferral election, the DERs will be delivered to the reporting person proportionately with the RSUs to which they relate.