Rakesh Sachdev - May 5, 2022 Form 4 Insider Report for REGAL REXNORD CORP (RRX)

Role
Director
Signature
/s/ Thomas E. Valentyn, as Power of Attorney
Stock symbol
RRX
Transactions as of
May 5, 2022
Transactions value $
$0
Form type
4
Date filed
5/9/2022, 05:07 PM
Previous filing
Mar 7, 2022
Next filing
May 16, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RRX Common Stock Award $0 +1.14K +5.06% $0.00 23.7K May 5, 2022 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Restricted shares granted to the reporting person under the 2018 Equity Incentive Plan. Restricted shares are non-transferable until 5/5/2023.
F2 The number of restricted shares of common stock held by the reporting person was increased by 47 restricted shares to preserve the intrinsic value of such awards following the payment of a special dividend that took place in connection with the 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 total number of shares beneficially owned by the reporting person has been updated to reflect the adjustment.