John A. Fees - 01 Dec 2021 Form 4 Insider Report for BWX Technologies, Inc. (BWXT)

Role
Director
Signature
/s/ John A. Fees, by Theresa B. Taylor, attorney-in-fact
Issuer symbol
BWXT
Transactions as of
01 Dec 2021
Net transactions value
$0
Form type
4
Filing time
03 Dec 2021, 15:43:21 UTC
Previous filing
10 Sep 2021
Next filing
14 Dec 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BWXT Common Stock Options Exercise $0 +3,412 +7.5% $0.000000 48,990 01 Dec 2021 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 Dividend Equivalent Rights Options Exercise $0 -245 -14% $0.000000 1,565 01 Dec 2021 Common Stock 245 Direct F1
transaction BWXT Restricted Stock Units Options Exercise $0 -987 -25% $0.000000 2,963 01 Dec 2021 Common Stock 987 $0.000000 Direct F2
transaction BWXT Restricted Stock Units Options Exercise $0 -1,136 -25% $0.000000 3,411 01 Dec 2021 Common Stock 1,136 $0.000000 Direct F3
transaction BWXT Restricted Stock Units Options Exercise $0 -1,044 -25% $0.000000 3,130 01 Dec 2021 Common Stock 1,044 $0.000000 Direct F4
* 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 the restricted stock unit grants of which the reporting person deferred receipt of the shares underlying the RSU. Each DER represents a contingent right to receive one share of BWXT common stock. In accordance with the deferral election, the DERs were delivered to the reporting person on December 1, 2021.
F2 On May 12, 2011, the reporting person was granted restricted stock units which were deferred and paid out in one-fifth annual installments beginning December 1, 2020.
F3 On May 14, 2012, the reporting person was granted restricted stock units which were deferred and paid out in one-fifth annual installments beginning December 1, 2020.
F4 On May 10, 2013, the reporting person was granted restricted stock units which were deferred and paid out in one-fifth annual installments beginning December 1, 2020.