0000899243-16-015570.txt : 20160308
0000899243-16-015570.hdr.sgml : 20160308
20160308190540
ACCESSION NUMBER: 0000899243-16-015570
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20160304
FILED AS OF DATE: 20160308
DATE AS OF CHANGE: 20160308
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: BWX Technologies, Inc.
CENTRAL INDEX KEY: 0001486957
STANDARD INDUSTRIAL CLASSIFICATION: ENGINES & TURBINES [3510]
IRS NUMBER: 800558025
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 800 MAIN STREET
STREET 2: 4TH FLOOR
CITY: LYNCHBURG
STATE: VA
ZIP: 24504
BUSINESS PHONE: 980-365-4300
MAIL ADDRESS:
STREET 1: 800 MAIN STREET
STREET 2: 4TH FLOOR
CITY: LYNCHBURG
STATE: VA
ZIP: 24504
FORMER COMPANY:
FORMER CONFORMED NAME: Babcock & Wilcox Co
DATE OF NAME CHANGE: 20100311
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Baker Peyton S.
CENTRAL INDEX KEY: 0001517109
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-34658
FILM NUMBER: 161493003
MAIL ADDRESS:
STREET 1: 800 MAIN STREET
STREET 2: 4TH FLOOR
CITY: LYNCHBURG
STATE: VA
ZIP: 24504
4
1
doc4.xml
FORM 4 SUBMISSION
X0306
4
2016-03-04
0
0001486957
BWX Technologies, Inc.
BWXT
0001517109
Baker Peyton S.
800 MAIN STREET, 4TH FLOOR
LYNCHBURG
VA
24504
1
1
0
0
CEO and President
Common Stock
2016-03-04
4
M
0
33
0.00
A
66461
D
Common Stock
2016-03-04
4
F
0
33
32.34
D
66428
D
Common Stock
2016-03-04
4
M
0
201
0.00
A
66629
D
Common Stock
2016-03-04
4
F
0
201
32.34
D
66428
D
Common Stock
2116
I
401(k) Plan
Restricted Stock Unit
0.00
2016-03-04
4
M
0
33
0.00
D
2016-03-04
Common Stock
33
4118
D
Restricted Stock Unit
0.00
2016-03-04
4
M
0
201
0.00
D
2016-03-04
Common Stock
201
8180
D
Based on number of units held in BWXT Thrift Plan and the fair market value of BWXT common stock as of February 24, 2016.
The Reporting Person elected to defer receipt of all shares underlying the restricted stock units. On March 4, 2016, 703 restricted stock units vested and 33 of those shares were withheld to fulfill tax obligations. In accordance with the Reporting Person's deferral election, shares will be delivered to the Reporting Person in either a lump sum or in installments beginning on the Reporting Person's termination of employment, depending on the Reporting Person's deferral election.
Restricted stock units vest in three equal annual installments beginning March 4, 2014 but are subject to accelerated vesting because the Reporting Person is at least 60 years old and has at least 10 years of service with BWX Technologies, Inc. prior to the third anniversary of the grant date for the restricted stock units.
The Reporting Person elected to defer receipt of all shares underlying the restricted stock units. On March 4, 2016, 4,260 restricted stock units vested and 201 of those shares were withheld to fulfill tax obligations. In accordance with the Reporting Person's deferral election, shares will be delivered to the Reporting Person in either a lump sum or in installments beginning on the Reporting Person's termination of service employment, depending on the Reporting Person's deferral election.
Restricted stock units cliff vest 100% on March 4, 2016 but are subject to accelerated vesting because the Reporting Person is at least 60 years old and has at least 10 years of service with BWX Technologies, Inc. prior to the third anniversary of the grant date for the restricted stock units.
/s/ Peyton Sandy Baker, by Theresa B. Taylor, attorney-in-fact
2016-03-08