Michael H. Ambrose - 03 Jun 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
03 Jun 2021
Net transactions value
$0
Form type
4
Filing time
07 Jun 2021, 16:35:58 UTC
Next filing
17 Jun 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RBCP Common Stock Award $0 +1,500 +50% $0.000000 4,500 03 Jun 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 Award $0 +1,000 $0.000000 1,000 03 Jun 2021 Common Stock 1,000 $199.16 Direct F2
holding RBCP Option to Purchase Common Stock 1,000 03 Jun 2021 Common Stock 1,000 $163.27 Direct F3
holding RBCP Option to Purchase Common Stock 1,000 03 Jun 2021 Common Stock 1,000 $137.44 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 3,500 shares of the reported Common Stock are Restricted Shares that vest according to the following schedule - 1,000 shares 1/2 of which vest on 11/5/2021 and 1/2 vest on 11/5/2022; 1,000 shares 1/2 of which vest on 6/2/2022 and 1/2 vest on 6/2/2023; and 1,500 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.
F2 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.
F3 All these options to purchase Common Stock are exerciseable except for 800 options that are subject to the following vesting schedule - 1/4 vest on 11/5/2021, 1/4 vest on 11/5/2022, 1/4 vest on 11/5/2023 and 1/4 vest on 11/5/2024.
F4 All these options to purchase Common Stock are exerciseable except for 800 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.