Rex D. Geveden - Feb 27, 2023 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 27, 2023
Transactions value $
-$1,616,725
Form type
4
Date filed
3/1/2023, 04:02 PM
Previous filing
Feb 27, 2023
Next filing
May 12, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BWXT Common Stock Options Exercise $0 +58.5K +37.77% $0.00 213K Feb 27, 2023 Direct
transaction BWXT Common Stock Tax liability -$1.62M -26.2K -12.29% $61.70 187K Feb 27, 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 -6.68K -100% $0.00* 0 Feb 27, 2023 Common Stock 6.68K $0.00 Direct F1
transaction BWXT Restricted Stock Units Options Exercise $0 -51.8K -100% $0.00* 0 Feb 27, 2023 Common Stock 51.8K $0.00 Direct F2
transaction BWXT Restricted Stock Units Award $0 +13.6K $0.00 13.6K Feb 27, 2023 Common Stock 13.6K $0.00 Direct F3
transaction BWXT Employee Stock Option (right to buy) Award $0 +52.7K $0.00 52.7K Feb 27, 2023 Common Stock 52.7K $61.70 Direct F4
* 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 27, 2021.
F2 Represents performance restricted stock units ("PRSU") awarded on February 27, 2020 for the performance period January 1, 2020 through December 31, 2022 for which performance goals have been achieved and certified on February 22, 2023. Each PRSU represents the right to one share of the issuer's common stock. The PRSUs vested on February 27, 2023.
F3 RSUs vest in three equal annual installments beginning February 27, 2024.
F4 Stock options vest in three equal annual installments beginning February 27, 2024.