Daniel A. Bergeron - Jun 2, 2021 Form 4 Insider Report for RBC Bearings INC (RBCP)

Signature
/s/John J. Feeney/attorney in fact
Stock symbol
RBCP
Transactions as of
Jun 2, 2021
Transactions value $
-$1,143,376
Form type
4
Date filed
6/4/2021, 09:18 PM
Next filing
Jun 9, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RBCP Common Stock Tax liability -$390K -1.97K -2.3% $198.24 83.5K Jun 2, 2021 Direct F1, F2
transaction RBCP Common Stock Tax liability -$753K -3.82K -4.58% $197.08 79.7K Jun 3, 2021 Direct F1, F2
transaction RBCP Common Stock Award $0 +25K +31.37% $0.00 105K Jun 3, 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 +35K $0.00 35K Jun 3, 2021 Common Stock 35K $199.16 Direct F4
holding RBCP Option to Purchase Common Stock 40K Jun 2, 2021 Common Stock 40K $72.94 Direct F5
holding RBCP Option to Purchase Common Stock 30K Jun 2, 2021 Common Stock 30K $99.64 Direct F6
holding RBCP Option to Purchase Common Stock 35K Jun 2, 2021 Common Stock 35K $132.12 Direct F7
holding RBCP Option to Purchase Common Stock 35K Jun 2, 2021 Common Stock 35K $143.92 Direct F8
holding RBCP Option to Purchase Common Stock 20.7K Jun 2, 2021 Common Stock 20.7K $137.44 Direct F9
* 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 25,247 shares of restricted stock, which vest according to the following schedule; 8,333 shares vest on 6/7/2021; 8,333 shares that vest on 6/3/2022; and 8,581 shares 1/2 of which vest on 6/2/2022 and 1/2 vest on 6/2/2023.
F3 Includes 50,247 shares of restricted stock, which vest according to the following schedule; 8,333 shares vest on 6/7/2021; 8,333 shares that vest on 6/3/2022; 8,581 shares 1/2 of which vest on 6/2/2022 and 1/2 vest on 6/2/2023; and 25,000 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.
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 All these options to purchase Common Stock are exercisable except for 8,000 options that vest on 7/8/2021.
F6 All these options to purchase Common Stock are exercisable except for 12,000 options that are subject to the following vesting schedule - 1/2 vest on 6/27/2021 and 1/2 vest on 6/27/2022.
F7 All these options to purchase Common Stock are exercisable except for 21,000 options that 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.
F8 All these options to purchase Common Stock are exerciseable except for 21,000 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.
F9 All these options to purchase Common Stock are exerciseable except for 16,594 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.