Jan Bertsch - 01 Jan 2023 Form 4 Insider Report for BWX Technologies, Inc. (BWXT)

Role: Director
Signature: /s/ Jan A. Bertsch, by Theresa B. Taylor, attorney-in-fact
Issuer symbol: BWXT
Transactions as of: 01 Jan 2023
Net transactions value: $0
Form type: 4
Filing time: 04 Jan 2023, 16:57:06 UTC
Previous filing: 15 Dec 2022
Next filing: 02 Mar 2023
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	BWXT	Common Stock	Options Exercise	$0	+2,592	+44%	$0.000000	8,495	01 Jan 2023	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	-2,561	-100%	$0.000000^*	0	01 Jan 2023	Common Stock	2,561	$0.000000	Direct	F1
transaction	BWXT	Dividend Equivalent Rights	Options Exercise	$0	-31	-1.9%	$0.000000	1,575	01 Jan 2023	Common Stock	31	$0.000000	Direct	F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	The reporting person elected to defer receipt of the underlying RSUs. In accordance with the reporting person's election the vested shares were delivered to the reporting person in one lump sum on January 1, 2023.
F2	2. 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 January 1, 2023.