Company: BWXT
Filing Date: 2025-03-06
Form Type: PRE 14A
Source: 0001486957-25-000011
Chunk: 58

Company: BWX Technologies, Inc.
Filing Date: 2025-03-06
Form: PRE 14A
Chunk 58
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 |  61.70 |     |                        |     | 2/27/2033 |
| RSU(7)                  |     |       |     | 2/29/2024 |                 | 1,290 |     |                                                               |   143,693 |     |                                                                                                     |       |        |                                                                                                                     |           |     |                                                                 |        |     |                                                                   |        |     |                       |        |     |                        |     |           |
| PRSU(8)                 |     |       |     | 2/29/2024 |                 |       |     |                                                               |           |     |                                                                                                     | 3,867 |        |                                                                                                                     |   430,745 |     |                                                                 |        |     |                                                                   |        |     |                       |        |     |                        |     |           |
| Stock Options(9)        |     |       |     | 2/29/2024 |                 |       |     |                                                               |           |     |                                                                                                     |       |        |                                                                                                                     |           |     |                                                                 |        |     |                                                                   |  4,557 |     | $                     | 100.83 |     |                        |     | 2/28/2034 |

(1) Stock awards shown include restricted stock units ("RSUs") that have time-based vesting and performance RSUs ("PRSUs") that vest depending upon the attainment of specified performance goals. Market values are based on the closing price of Company common stock as of December 31, 2024 ($111.39), as reported on the New York Stock Exchange.

(2) Represents the final one-third of RSUs granted which vested on February 18, 2025.

(3) These performance RSUs represent the right to receive one share of our common stock for each performance RSU that vests. The number and value of performance RSUs that vest depend upon the attainment of specified performance goals. The number and value of performance RSUs reported are based on achieving target performance levels. These performance RSUs vested on February 18, 2025. See "2022 Performance Restricted Stock Awards" under "Compensation Discussion and Analysis" for additional information.

(4) Represents remaining two-thirds of RSUs granted with vesting in one-third increments beginning with the first anniversary of the grant date. An additional one-third (50% of the unvested RSUs shown) vested on February 27, 2025