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

Role: Director
Signature: /s/ John M. Richardson, 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, 04:06 PM
Previous filing: Oct 5, 2021
Next filing: Jan 3, 2022

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	+8.59	+63.49%	$0.00	22.1	Dec 10, 2021	Common Stock	8.59	$0.00	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 one restricted stock unit grant 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.

Content

The dividend equivalent rights accrued on one restricted stock unit grant 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.