ROBERT L. NARDELLI - 10 Dec 2021 Form 4 Insider Report for BWX Technologies, Inc. (BWXT)

Role: Director
Signature: /s/ Robert L. Nardelli, by Theresa B. Taylor, attorney-in-fact
Issuer symbol: BWXT
Transactions as of: 10 Dec 2021
Net transactions value: $0
Form type: 4
Filing time: 14 Dec 2021, 16:03:31 UTC
Previous filing: 10 Sep 2021
Next filing: 03 Jan 2022
SEC: View on sec.gov

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	Dividend Equivalent Rights	Award	$0	+100	+8.5%	$0.000000	1,287	10 Dec 2021	Common Stock	100		Direct	F1

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
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 RSUs to which they relate.

Content

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.