FEES JOHN A 4
4 · BWX Technologies, Inc. · Filed Dec 14, 2020
Insider Transaction Report
Form 4
FEES JOHN A
Director
Transactions
- Exercise/Conversion
Common Stock
2020-12-10+6→ 45,584 total - Award
Dividend Equivalent Rights
2020-12-10+84.08→ 1,547.25 total→ Common Stock (84.08 underlying) - Exercise/Conversion
Dividend Equivalent Rights
2020-12-10−6→ 1,541.25 total→ Common Stock (6 underlying)
Footnotes (2)
- [F1]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 RSU's to which they relate.
- [F2]The dividend equivalent rights (DER) 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. Since the reporting person's December 1, 2020 deferral election occurred between the company's fourth quarter 2020 dividend record and payment dates, the DERs for this dividend payment were delivered to the reporting person on December 10, 2020, the dividend payment date.