Alan B. Levine - May 27, 2021 Form 4 Insider Report for RBC Bearings INC (RBCP)

Role
Director
Signature
/s/John J. Feeney/attorney in fact
Stock symbol
RBCP
Transactions as of
May 27, 2021
Transactions value $
-$145,093
Form type
4
Date filed
6/1/2021, 04:29 PM
Next filing
Jun 7, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RBCP Common Stock Options Exercise $87.4K +1.2K +6.48% $72.83 19.7K May 27, 2021 Direct F1
transaction RBCP Common Stock Sale -$232K -1.2K -6.08% $193.74 18.5K May 27, 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
transaction RBCP Option to Purchase Common Stock Options Exercise $0 -1.2K -100% $0.00* 0 May 27, 2021 Common Stock 1.2K $72.83 Direct
holding RBCP Option to Purchase Common Stock 1.6K May 27, 2021 Common Stock 1.6K $72.94 Direct F2
holding RBCP Option to Purchase Common Stock 2K May 27, 2021 Common Stock 2K $99.64 Direct F3
holding RBCP Option to Purchase Common Stock 1K May 27, 2021 Common Stock 1K $125.24 Direct F4
holding RBCP Option to Purchase Common Stock 1K May 27, 2021 Common Stock 1K $158.48 Direct F5
holding RBCP Option to Purchase Common Stock 1K May 27, 2021 Common Stock 1K $137.44 Direct F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Includes 3,000 shares of restricted stock, which vest according to the following schedule - 500 shares vest on 7/3/2021; 1,000 shares 1/2 of which vest on 8/19/2021 and 1/2 vest on 8/19/2022; and 1,500 shares 1/3 of which vest on 6/2/2021, 1/3 vest on 6/2/2022 and 1/3 vest on 6/2/2023.
F2 All these options to purchase Common Stock are exercisable except for 400 options that vest on 7/8/2021.
F3 All these options to purchase Common Stock are exercisable except for 800 options that are subject to the following vesting schedule - 1/2 vest on 6/27/2021 and 1/2 vest on 6/27/2022.
F4 All these options to purchase Common Stock are exercisable except for 600 options that are subject to the following vesting schedule - 1/3 vest on 7/3/2021, 1/3 vest on 7/3/2022 and 1/3 vest on 7/3/2023.
F5 All these options to purchase Common Stock are exercisable except for 800 options that are subject to the following vesting schedule - 1/4 vest on 8/19/2021, 1/4 vest on 8/19/2022, 1/4 vest on 8/19/2023 and 1/4 vest on 8/19/2024.
F6 These options to purchase Common Stock are subject to the following vesting schedule - 1/5 vest on 6/2/2021, 1/5 vest on 6/2/2022, 1/5 vest on 6/2/2023, 1/5 vest on 6/2/2024 and 1/5 vest on 6/2/2025.