ALAN B. LEVINE - 27 May 2021 Form 4 Insider Report for RBC Bearings INC (RBC)

Role
Director
Signature
/s/John J. Feeney/attorney in fact
Issuer symbol
RBC
Transactions as of
27 May 2021
Net transactions value
-$145,093
Form type
4
Filing time
01 Jun 2021, 16:29:41 UTC
Next filing
07 Jun 2021
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RBCP Common Stock Options Exercise $87,396 +1,200 +6.5% $72.83 19,727 27 May 2021 Direct F1
transaction RBCP Common Stock Sale $232,489 -1,200 -6.1% $193.74 18,527 27 May 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 -1,200 -100% $0.000000* 0 27 May 2021 Common Stock 1,200 $72.83 Direct
holding RBCP Option to Purchase Common Stock 1,600 27 May 2021 Common Stock 1,600 $72.94 Direct F2
holding RBCP Option to Purchase Common Stock 2,000 27 May 2021 Common Stock 2,000 $99.64 Direct F3
holding RBCP Option to Purchase Common Stock 1,000 27 May 2021 Common Stock 1,000 $125.24 Direct F4
holding RBCP Option to Purchase Common Stock 1,000 27 May 2021 Common Stock 1,000 $158.48 Direct F5
holding RBCP Option to Purchase Common Stock 1,000 27 May 2021 Common Stock 1,000 $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.