Scott Douglas Brown - 25 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
25 May 2021
Net transactions value
-$709,245
Form type
4
Filing time
27 May 2021, 16:36:55 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 Sale $709,245 -5,084 -49% $139.51 5,320 25 May 2021 Direct F1

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
holding RRX Stock Appreciation Rights 2,700 25 May 2021 Common Stock 2,700 $75.76 Direct F2
holding RRX Stock Appreciation Rights 4,200 25 May 2021 Common Stock 4,200 $78.15 Direct F2
holding RRX Stock Appreciation Rights 6,590 25 May 2021 Common Stock 6,590 $57.43 Direct F2
holding RRX Stock Appreciation Rights 4,302 25 May 2021 Common Stock 4,302 $80.70 Direct F2
holding RRX Stock Appreciation Rights 4,343 25 May 2021 Common Stock 4,343 $77.60 Direct F3
holding RRX Stock Appreciation Rights 4,812 25 May 2021 Common Stock 4,812 $81.81 Direct F3
holding RRX Stock Appreciation Rights 5,887 25 May 2021 Common Stock 5,887 $88.45 Direct F4
holding RRX Stock Appreciation Rights 4,508 25 May 2021 Common Stock 4,508 $140.22 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The price in Column 4 is a weighted average price. The prices actually received ranged from $139.4406 to $139.556. 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.
F2 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.
F3 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.
F4 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, Commercial Systems Segment