Jerrald R. Morton - 12 Feb 2024 Form 4 Insider Report for REGAL REXNORD CORP (RRX)

Role
EVP and Pres. IPS*
Signature
/s/ Thomas E. Valentyn, as Power of Attorney
Issuer symbol
RRX
Transactions as of
12 Feb 2024
Net transactions value
-$679,932
Form type
4
Filing time
14 Feb 2024, 18:56:36 UTC
Previous filing
17 Jan 2024
Next filing
27 Feb 2024
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 $154,339 +2,070 +13% $74.56 17,954 12 Feb 2024 Direct
transaction RRX Common Stock Tax liability $209,104 -1,355 -7.5% $154.32 16,599 12 Feb 2024 Direct
transaction RRX Common Stock Options Exercise $283,374 +5,172 +31% $54.79 21,771 12 Feb 2024 Direct
transaction RRX Common Stock Tax liability $446,756 -2,895 -13% $154.32 18,876 12 Feb 2024 Direct
transaction RRX Common Stock Sale $461,785 -2,992 -16% $154.34 15,884 12 Feb 2024 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
transaction RRX Stock Appreciation Rights Options Exercise $0 -2,070 -100% $0.000000* 0 12 Feb 2024 Common Stock 2,070 $74.56 Direct F2
transaction RRX Stock Appreciation Rights Options Exercise $0 -5,172 -100% $0.000000* 0 12 Feb 2024 Common Stock 5,172 $54.79 Direct F2
holding RRX Stock Appreciation Rights 3,376 12 Feb 2024 Common Stock 3,376 $76.99 Direct F2
holding RRX Stock Appreciation Rights 3,408 12 Feb 2024 Common Stock 3,408 $74.04 Direct F3
holding RRX Stock Appreciation Rights 3,776 12 Feb 2024 Common Stock 3,776 $78.05 Direct F3
holding RRX Stock Appreciation Rights 6,170 12 Feb 2024 Common Stock 6,170 $84.39 Direct F4
holding RRX Stock Appreciation Rights 4,725 12 Feb 2024 Common Stock 4,725 $133.77 Direct F4
holding RRX Stock Appreciation Rights 4,738 12 Feb 2024 Common Stock 4,738 $151.27 Direct F4
holding RRX Stock Appreciation Rights 5,304 12 Feb 2024 Common Stock 5,304 $154.20 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 $154.34 to $154.39. 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:

*Executive Vice President and President, Industrial Powertrain Solutions