Company: BWXT
Filing Date: 2025-03-19
Form Type: DEF 14A
Source: 0001486957-25-000016
Chunk: 49

Company: BWX Technologies, Inc.
Filing Date: 2025-03-19
Form: DEF 14A
Chunk 49
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 | 2022 |      | 137,500 |      |           | 1,200,033 |     |           |         — |     |           |    74,250 |     |                  |         — |     |               |   7,625 |     |                 | 1,419,408 |     |       |           |
| Ronald O. Whitford, Jr.                                
 Senior Vice President                                  
 and General Counsel                                    |     |      |      |         | 2024 |           |   433,750 |     |           |   571,246 |     |           |   129,966 |     |                  |   334,000 |     |               |   6,747 |     |                 |    48,170 |     |       | 1,523,879 |

(1) See “Salary” below for a discussion of the amounts reported in this column.

(2) See “Stock Awards” below for a discussion of the amounts included in this column.

(3) See "Option Awards" below for a discussion of the amounts reported in this column.

(4) See “Non-Equity Incentive Plan Compensation” below for a discussion of the amounts included in this column.

(5) See “All Other Compensation” below for a discussion of the amounts included in this column.

Salary. Amounts reported in the “Salary” column above include amounts that have been deferred under our qualified and non-qualified deferred compensation plans.

Stock Awards. The amounts reported in the “Stock Awards” column for each Named Executive represent the aggregate grant date fair value of restricted stock units and performance restricted stock units granted to Named Executives for each respective year and computed in accordance with Financial Accounting Standards Board Accounting Standards Codification (“FASB ASC”) Topic 718, excluding the effect of estimated forfeitures.

The values for performance restricted stock units are based on our Named Executives attaining target performance levels, which we determined was the probable outcome at the time of grant. Assuming maximum performance levels were probable, the grant date fair value of each Named Executive's performance restricted stock unit awards in 2024 would be as follows: $5,562,692 for Mr. Geveden; $1,332,750 for Mr. LeMasters; $1,868,854 for Adm. McCoy; $811,167 for Mr. Duffy; and $753,143 for Mr. Whitford.

See also the “