Robb A. LeMasters - 27 Feb 2023 Form 4 Insider Report for BWX Technologies, Inc. (BWXT)

Role
SVP & Chief Financial Officer
Signature
/s/ Robb A. LeMasters, by Theresa B. Taylor, attorney-in-fact
Issuer symbol
BWXT
Transactions as of
27 Feb 2023
Net transactions value
-$140,244
Form type
4
Filing time
01 Mar 2023, 16:04:40 UTC
Previous filing
27 Feb 2023
Next filing
08 Aug 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 +5,041 +21% $0.000000 28,728 27 Feb 2023 Direct
transaction BWXT Common Stock Tax liability $140,244 -2,273 -7.9% $61.70 26,455 27 Feb 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 -5,041 -100% $0.000000* 0 27 Feb 2023 Common Stock 5,041 $0.000000 Direct F1
transaction BWXT Restricted Stock Units Award $0 +3,486 $0.000000 3,486 27 Feb 2023 Common Stock 3,486 $0.000000 Direct F2
transaction BWXT Employee Stock Option (right to buy) Award $0 +13,497 $0.000000 13,497 27 Feb 2023 Common Stock 13,497 $61.70 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 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.
F2 RSUs vest in three equal annual installments beginning February 27, 2024.
F3 Stock options vest in three equal annual installments beginning February 27, 2024.