Rex D. Geveden - Feb 25, 2024 Form 4 Insider Report for BWX Technologies, Inc. (BWXT)

Role
President and CEO, Director
Signature
/s/ Rex D. Geveden, by Theresa B. Taylor, attorney-in-fact
Stock symbol
BWXT
Transactions as of
Feb 25, 2024
Transactions value $
-$1,608,586
Form type
4
Date filed
2/27/2024, 04:51 PM
Previous filing
Feb 21, 2024
Next filing
Feb 29, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BWXT Common Stock Options Exercise $0 +40.5K +20.96% $0.00 234K Feb 25, 2024 Direct
transaction BWXT Common Stock Tax liability -$1.61M -17.9K -7.67% $89.83 216K Feb 25, 2024 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 -7.22K -100% $0.00* 0 Feb 25, 2024 Common Stock 7.22K $0.00 Direct F1
transaction BWXT Restricted Stock Units Options Exercise $0 -33.3K -100% $0.00* 0 Feb 25, 2024 Common Stock 33.3K $0.00 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 RSUs vest in three equal annual installments beginning February 25, 2022.
F2 Represents performance restricted stock units ("PRSUs") awarded on February 25, 2021 for the performance period January 1, 2021 through December 31, 2023, for which performance goals have been achieved and certified on February 23, 2024. Each PRSU represents the right to one share of the issuer's common stock. The PRSUs vested on February 25, 2024.