John A. Fees - Dec 10, 2021 Form 4 Insider Report for BWX Technologies, Inc. (BWXT)

Role
Director
Signature
/s/ John A. Fees, by Theresa B. Taylor, attorney-in-fact
Stock symbol
BWXT
Transactions as of
Dec 10, 2021
Transactions value $
$0
Form type
4
Date filed
12/14/2021, 03:51 PM
Previous filing
Dec 3, 2021
Next filing
Mar 3, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % Price $ Shares After Date Ownership Footnotes
transaction BWXT Common Stock Options Exercise $0 +10 +0.02% $0.00 49 K Dec 10, 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 Award $0 +119 +7.62% $0.00 1.68 K Dec 10, 2021 Common Stock 119 Direct F1
transaction BWXT Dividend Equivalent Rights Options Exercise $0 -10 -0.59% $0.00 1.67 K Dec 10, 2021 Common Stock 10 Direct F2

Explanation of Responses:

Id Content
F1 The dividend equivalent rights accrued on nine 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.
F2 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. Since the reporting person's deferral election to receive shares on December 1, 2021 occurred between the company's fourth quarter 2021 dividend record and payment dates, the DERs for this dividend payment were delivered to the reporting person on December 10, 2021, the dividend payment date.