Mies Richard Willard 4
4 · BWX Technologies, Inc. · Filed Jan 3, 2019
Insider Transaction Report
Form 4
Mies Richard Willard
Director
Transactions
- Exercise/Conversion
Common Stock
2019-01-01+1,034→ 8,101 total - Exercise/Conversion
Restricted Stock Units
2019-01-01−231→ 695 totalExercise: $0.00→ Common Stock (231 underlying) - Exercise/Conversion
Restricted Stock Units
2019-01-01−756→ 2,273 totalExercise: $0.00→ Common Stock (756 underlying) - Exercise/Conversion
Dividend Equivalent Rights
2019-01-01−47→ 1,142.93 total→ Common Stock (47 underlying)
Footnotes (2)
- [F1]RSUs vested immediately. The reporting person elected to defer receipt of shares underlying the RSUs. In accordance with his deferral election, vested shares will be delivered to the reporting person in five annual installments upon the earliest to occur of: (a) the reporting person's termination of service on the Board of Directors; (b) the reporting person's disability; or (c) January 1, 2018.
- [F2]The dividend equivalent rights accrued on eight restricted stock unit grants 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.