Company: BWXT
Filing Date: 2025-03-06
Form Type: PRE 14A
Source: 0001486957-25-000011
Chunk: 60

Company: BWX Technologies, Inc.
Filing Date: 2025-03-06
Form: PRE 14A
Chunk 60
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 vest 100% on March 31, 2027. See the "Grants of Plan-Based Awards" table for more information about performance RSUs.

(11) Represents the final one-third of RSUs granted which will vest on August 29, 2025.

Vesting of Restricted Stock Units, Stock Options and Performance Restricted Stock Units

Restricted stock units and stock options generally vest one-third each year, except as otherwise noted. The Company granted performance restricted stock units that represented the right to receive one share of Company common stock for each performance restricted stock unit that vests. The number and value of performance restricted stock units that vest depend upon the attainment of specified performance goals. Performance restricted stock units are generally scheduled to cliff vest three years after the grant date, subject to achievement of the specified performance goals.

#### OPTION EXERCISES AND STOCK VESTED IN 2024
The following table provides additional information about the value realized by our Named Executives on the vesting of BWXT stock awards during the year ended December 31, 2024. None of the Named Executives exercised stock options in 2024.

| Name                                                                                                                                                                                                                                                                   |     | Stock Awards    
 Number of       
 Shares Acquired 
 on Vesting (#)  |        |     | Value Realized 
 on Vesting     |           |
|:-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|:----|:----------------|-------:|:----|:---------------|----------:|
| Rex D. Geveden                                                                                                                                                                                                                                                         |     |                 | 56,037 |     | $              | 5,008,537 |
| Robb A. LeMasters*                                                                                                                                                                                                                                                     |     |                 |  7,138 |     |                |   636,054 |
| Kevin M. McCoy                                                                                                                                                                                                                                                         |     |                 |  1,712 |     |                |   151,177 |
| Robert L. Duffy*                                                                                                                                                                                                                                                       |     |                 |  7,630 |     |                |   774,427 |
| Ronald O. Whitford, Jr.                                                                                                                                                                                                                                                |     |                 |  3,128 |     |                |   279,563 |
| * During 2024, Mr. LeMasters vested in an additional 1,324 performance restricted stock units and Mr. Duffy vested in an additional 662 restricted stock units, all of which remained deferred as of December 31, 2024 in connection with previous deferral