Jerrald R. Morton - Feb 23, 2024 Form 4 Insider Report for REGAL REXNORD CORP (RRX)

Role
EVP and Pres. IPS*
Signature
/s/ Thomas E. Valentyn, as Power of Attorney
Stock symbol
RRX
Transactions as of
Feb 23, 2024
Transactions value $
-$312,512
Form type
4
Date filed
2/27/2024, 07:09 PM
Previous filing
Feb 14, 2024
Next filing
Apr 16, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RRX Common Stock Award $0 +1.93K +12.14% $0.00 17.8K Feb 23, 2024 Direct F1
transaction RRX Common Stock Tax liability -$120K -713 -4% $168.47 17.1K Feb 23, 2024 Direct
transaction RRX Common Stock Award $0 +3.03K +17.72% $0.00 20.1K Feb 23, 2024 Direct F2
transaction RRX Common Stock Tax liability -$192K -1.14K -5.67% $168.47 19K Feb 23, 2024 Direct

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 Award $0 +5.17K $0.00 5.17K Feb 23, 2024 Common Stock 5.17K $168.47 Direct F3
holding RRX Stock Appreciation Rights 3.38K Feb 23, 2024 Common Stock 3.38K $76.99 Direct F4
holding RRX Stock Appreciation Rights 3.41K Feb 23, 2024 Common Stock 3.41K $74.04 Direct F5
holding RRX Stock Appreciation Rights 3.78K Feb 23, 2024 Common Stock 3.78K $78.05 Direct F5
holding RRX Stock Appreciation Rights 6.17K Feb 23, 2024 Common Stock 6.17K $84.39 Direct F3
holding RRX Stock Appreciation Rights 4.73K Feb 23, 2024 Common Stock 4.73K $133.77 Direct F3
holding RRX Stock Appreciation Rights 4.74K Feb 23, 2024 Common Stock 4.74K $151.27 Direct F3
holding RRX Stock Appreciation Rights 5.3K Feb 23, 2024 Common Stock 5.3K $154.20 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Restricted Stock Units ("RSUs") granted to the reporting person under the 2018 Equity Incentive Plan. The RSUs vest 34% on the first anniversary, 67% on the second anniversary and 100% on the third anniversary of the date of the grant.
F2 Reflects the settlement of performance share units in shares earned for the performance period ended December 31, 2023. The number of shares includes dividend equivalent units that accrued during the performance period.
F3 Granted as stock-settled Stock Appreciation Rights ("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.
F4 Granted as stock-settled 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.
F5 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

Remarks:

*Executive Vice President and President, Industrial Powertrain Solutions