Robert M. Sullivan - 02 Jun 2021 Form 4 Insider Report for RBC Bearings INC (RBCP)

Role
Vice President and CFO
Signature
/s/John J. Feeney/attorney in fact
Issuer symbol
RBCP
Transactions as of
02 Jun 2021
Net transactions value
-$42,946
Form type
4
Filing time
04 Jun 2021, 21:03:14 UTC
Next filing
09 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 Tax liability $30,727 -155 -3.2% $198.24 4,666 02 Jun 2021 Direct F1, F2
transaction RBCP Common Stock Tax liability $12,219 -62 -1.3% $197.08 4,604 03 Jun 2021 Direct F1, F2
transaction RBCP Common Stock Award $0 +1,000 +22% $0.000000 5,604 03 Jun 2021 Direct F3

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 Award $0 +5,000 $0.000000 5,000 03 Jun 2021 Common Stock 5,000 $199.16 Direct F4
holding RBCP Option to Purchase Common Stock 800 02 Jun 2021 Common Stock 800 $99.64 Direct F5
holding RBCP Option to Purchase Common Stock 3,000 02 Jun 2021 Common Stock 3,000 $132.12 Direct F6
holding RBCP Option to Purchase Common Stock 5,600 02 Jun 2021 Common Stock 5,600 $143.92 Direct F7
holding RBCP Option to Purchase Common Stock 10,000 02 Jun 2021 Common Stock 10,000 $137.44 Direct F8
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents shares withheld by the Company to pay tax liability related to the vesting of restricted stock.
F2 Includes 2,900 shares of restricted stock, which vest according to the following schedule - 300 shares 1/3 of which vest on 6/7/2021, 1/3 vest on 6/7/2022 and 1/3 vest on 6/7/2023; 600 shares 1/3 of which vest on 6/3/2022, 1/3 vest on 6/3/2023 and 1/3 vest on 6/3/2024; and 2,000 shares 1/4 of which vest on 6/2/2022, 1/4 vest on 6/2/2023, 1/4 vest on 6/2/2024 and 1/4 vest on 6/2/2025.
F3 Includes 3,900 shares of restricted stock, which vest according to the following schedule - 300 shares 1/3 of which vest on 6/7/2021, 1/3 vest on 6/7/2022 and 1/3 vest on 6/7/2023; 600 shares 1/3 of which vest on 6/3/2022, 1/3 vest on 6/3/2023 and 1/3 vest on 6/3/2024; 2,000 shares 1/4 of which vest on 6/2/2022, 1/4 vest on 6/2/2023, 1/4 vest on 6/2/2024 and 1/4 vest on 6/2/2025; and 1,000 shares 1/5 of which vest on 6/3/2022, 1/5 vest on 6/3/2023, 1/5 vest on 6/3/2024, 1/5 vest on 6/3/2025 and 1/5 vest on 6/3/2026.
F4 These options to purchase Common Stock are subject to the following vesting schedule - 1/5 vest on 6/3/2022, 1/5 vest on 6/3/2023, 1/5 vest on 6/3/2024, 1/5 vest on 6/3/2025 and 1/5 vest on 6/3/2026.
F5 These options to purchase Common Stock are subject to the following vesting schedule - 1/2 vest on 6/27/2021 and 1/2 vest on 6/27/2022.
F6 These options to purchase Common Stock are subject to the following vesting schedule - 1/3 vest on 6/7/2021, 1/3 vest on 6/7/2022 and 1/3 vest on 6/7/2023.
F7 All these options to purchase Common Stock are exerciseable except for 4,200 options that are subject to the following vesting schedule - 1/3 vest on 6/3/2022, 1/3 vest on 6/3/2023 and 1/3 vest on 6/3/2024.
F8 All these options to purchase Common Stock are exerciseable except for 8,000 options that are subject to the following vesting schedule - 1/4 vest on 6/2/2022, 1/4 vest on 6/2/2023, 1/4 vest on 6/2/2024 and 1/4 vest on 6/2/2025.