Kevin J. Zaba - Oct 4, 2021 Form 4 Insider Report for REGAL REXNORD CORP (RRX)

Role
President, Motion Control Sol.
Signature
/s/ Thomas E. Valentyn, as Power of Attorney
Stock symbol
RRX
Transactions as of
Oct 4, 2021
Transactions value $
$0
Form type
4
Date filed
10/6/2021, 08:43 PM
Previous filing
Sep 9, 2021
Next filing
Nov 19, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RRX Common Stock Award $0 +4.84K $0.00 4.84K Oct 4, 2021 Direct F1
transaction RRX Common Stock Award $0 +13.8K +284.35% $0.00 18.6K Oct 4, 2021 Direct F2
transaction RRX Common Stock Award $0 +126 $0.00 126 Oct 4, 2021 By 401(k) Plan F3

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 Options Award $0 +3.07K $0.00 3.07K Oct 4, 2021 Common Stock 3.07K $62.92 Direct F4, F5
transaction RRX Stock Options Award $0 +20.2K $0.00 20.2K Oct 4, 2021 Common Stock 20.2K $98.16 Direct F4, F6, F7
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Received in exchange for 21,720 shares of Land Newco, Inc. common stock in connection with the transactions ("Transactions") set forth in that certain Agreement and Plan of Merger, dated as of February 15, 2021, by and among Regal Beloit Corporation, Rexnord Corporation, Land Newco, Inc., and Phoenix 2021, Inc. The Transactions included a distribution of one share of Land Newco, Inc. common stock for each issued and outstanding share of Rexnord Corporation common stock, with each Land Newco, Inc. share then exchanged for 0.22296103 of a share of Regal Beloit Corporation common stock. On the effective date of the Transactions, October 4, 2021, the closing price of a share of Regal Rexnord Corporation (f/k/a Regal Beloit Corporation) common stock was $151.00, and the closing price of a share of Zurn Water Solutions Corporation (f/k/a Rexnord Corporation) common stock was $64.95.
F2 Represents restricted stock units received in the Transactions in conversion of restricted stock units relating to 29,959 shares of Rexnord Corporation common stock. The restricted stock units vest as follows: 2,028 vest on May 13, 2022; 4,862 vest on December 31, 2021; and 2,293 vest on February 16, 2022, 2,292 vest on February 16, 2023 and 2,293 vest on February 16, 2024.
F3 Received in connection with the Transactions in exchange for 569 shares of Land Newco, Inc. common stock held in the 401(k) plan sponsored by Rexnord Corporation. The Transactions included a distribution of one share of Land Newco, Inc. common stock for each issued and outstanding share of Rexnord Corporation, with each Land Newco, Inc. share then exchanged for 0.22296103 of a share of Regal Beloit Corporation common stock. On the effective date of the Transactions, October 4, 2021, the closing price of a share of Regal Rexnord Corporation (f/k/a Regal Beloit Corporation) common stock was $151.00, and the closing price of a share of Zurn Water Solutions Corporation (f/k/a Rexnord Corporation) common stock was $64.95.
F4 This option is currently exercisable in full.
F5 Received in the Transactions in conversion of employee stock options to acquire 6,682 shares of Rexnord Corporation common stock for $28.91.
F6 Stock Options will vest 100% on February 16, 2024.
F7 Received in the Transactions in conversion of employee stock options to acquire 43,859 shares of Rexnord Corporation common stock for $45.10.