Eric S. McGinnis - 12 May 2021 Form 4 Insider Report for REGAL BELOIT CORP (RRX)

Role
Segment President*
Signature
/s/ Thomas E. Valentyn, as Power of Attorney
Issuer symbol
RRX
Transactions as of
12 May 2021
Net transactions value
-$1,555,305
Form type
4
Filing time
13 May 2021, 16:35:19 UTC
Previous filing
11 May 2021
Next filing
04 Aug 2021
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RRX Common Stock Options Exercise $244,219 +3,125 +62% $78.15 8,162 12 May 2021 Direct
transaction RRX Common Stock Options Exercise $283,417 +4,935 +60% $57.43 13,097 12 May 2021 Direct
transaction RRX Common Stock Options Exercise $207,964 +2,577 +20% $80.70 15,674 12 May 2021 Direct
transaction RRX Common Stock Options Exercise $151,475 +1,952 +12% $77.60 17,626 12 May 2021 Direct
transaction RRX Common Stock Options Exercise $117,970 +1,442 +8.2% $81.81 19,068 12 May 2021 Direct
transaction RRX Common Stock Options Exercise $124,007 +1,402 +7.4% $88.45 20,470 12 May 2021 Direct
transaction RRX Common Stock Tax liability $1,555,305 -10,696 -52% $145.41 9,774 12 May 2021 Direct

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 RRX Stock Appreciation Rights Options Exercise $244,219 -3,125 -100% $78.15 0 12 May 2021 Common Stock 3,125 $78.15 Direct F1
transaction RRX Stock Appreciation Rights Options Exercise $283,417 -4,935 -100% $57.43 0 12 May 2021 Common Stock 4,935 $57.43 Direct F1
transaction RRX Stock Appreciation Rights Options Exercise $207,964 -2,577 -80% $80.70 644 12 May 2021 Common Stock 2,577 $80.70 Direct F1
transaction RRX Stock Appreciation Rights Options Exercise $151,475 -1,952 -60% $77.60 1,300 12 May 2021 Common Stock 1,952 $77.60 Direct F2
transaction RRX Stock Appreciation Rights Options Exercise $117,970 -1,442 -40% $81.81 2,161 12 May 2021 Common Stock 1,442 $81.81 Direct F2
transaction RRX Stock Appreciation Rights Options Exercise $124,007 -1,402 -34% $88.45 2,719 12 May 2021 Common Stock 1,402 $88.45 Direct F3
holding RRX Stock Appreciation Rights 2,338 12 May 2021 Common Stock 2,338 $140.22 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Granted as stock-settled Stock Appreciation Rights ("SARs") under the 2013 Equity Incentive Plan. The SARs vest and become exercisable 40% on the second anniversary, 60% on the third anniversary, 80% on the fourth anniversary and 100% on the fifth anniversary of the date of the grant.
F2 Granted as stock-settled SARs under the 2018 Equity Incentive Plan. The SARs vest and become exercisable 40% on the second anniversary, 60% on the third anniversary, 80% on the fourth anniversary and 100% on the fifth anniversary of the date of the grant.
F3 Granted as stock-settled SARs under the 2018 Equity Incentive Plan. The SARs vest and become exercisable 34% on the first anniversary, 67% on the second anniversary and 100% on the third anniversary of the date of the grant.

Remarks:

*President, Industrial Systems Segment