John C. Kunze - 14 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
14 May 2021
Net transactions value
-$629,968
Form type
4
Filing time
18 May 2021, 16:52:17 UTC
Previous filing
11 May 2021
Next filing
19 Oct 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 $36,353 +633 +17% $57.43 4,433 14 May 2021 Direct
transaction RRX Common Stock Options Exercise $0 +644 +15% $0.000000 5,077 14 May 2021 Direct
transaction RRX Common Stock Options Exercise $151,475 +1,952 +38% $77.60 7,029 14 May 2021 Direct
transaction RRX Common Stock Options Exercise $117,970 +1,442 +21% $81.81 8,471 14 May 2021 Direct
transaction RRX Common Stock Options Exercise $212,457 +2,402 +28% $88.45 10,873 14 May 2021 Direct
transaction RRX Common Stock Tax liability $709,111 -4,842 -45% $146.45 6,031 14 May 2021 Direct F1
transaction RRX Common Stock Sale $439,113 -3,000 -37% $146.37 5,218 14 May 2021 by John C. and Sharon A. Kunze Revocable Trust F1, F2

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 $0 -633 -100% $0.000000* 0 14 May 2021 Common Stock 633 $57.43 Direct F3
transaction RRX Stock Appreciation Rights Options Exercise $0 -644 -50% $0.000000 644 14 May 2021 Common Stock 644 $80.70 Direct F3
transaction RRX Stock Appreciation Rights Options Exercise $0 -1,952 -60% $0.000000 1,300 14 May 2021 Common Stock 1,952 $77.60 Direct F4
transaction RRX Stock Appreciation Rights Options Exercise $0 -1,442 -40% $0.000000 2,161 14 May 2021 Common Stock 1,442 $81.81 Direct F4
transaction RRX Stock Appreciation Rights Options Exercise $0 -2,402 -34% $0.000000 4,662 14 May 2021 Common Stock 2,402 $88.45 Direct F5
holding RRX Stock Appreciation Rights 4,241 14 May 2021 Common Stock 4,241 $140.22 Direct F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 End-of-period holdings reflect a transfer of 1,044 shares previously held directly by the reporting person into the the John C. and Sharon A. Kunze Revocable Trust.
F2 The price in Column 4 is a weighted average price. The prices actually received ranged from $146.3709 to $146.3710. The reporting person has provided to the issuer, and will provide to any security holder of the issuer, or the SEC staff, upon request, information regarding the number of shares sold at each price within the range for all transactions reported in this Form 4 utilizing an average weighted price.
F3 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.
F4 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.
F5 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, Climate Solutions Segment