DANIEL A. BERGERON - 07 Jun 2021 Form 4 Insider Report for RBC Bearings INC (RBC)

Signature
/s/John J. Feeney/attorney in fact
Issuer symbol
RBC
Transactions as of
07 Jun 2021
Net transactions value
-$763,436
Form type
4
Filing time
09 Jun 2021, 16:20:26 UTC
Previous filing
04 Jun 2021
Next filing
06 Jun 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RBCP Common Stock Tax liability $763,436 -3,821 -3.6% $199.80 100,881 07 Jun 2021 Direct F1, F2

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
holding RBCP Option to Purchase Common Stock 40,000 07 Jun 2021 Common Stock 40,000 $72.94 Direct F3
holding RBCP Option to Purchase Common Stock 30,000 07 Jun 2021 Common Stock 30,000 $99.64 Direct F4
holding RBCP Option to Purchase Common Stock 35,000 07 Jun 2021 Common Stock 35,000 $132.12 Direct F5
holding RBCP Option to Purchase Common Stock 35,000 07 Jun 2021 Common Stock 35,000 $143.92 Direct F6
holding RBCP Option to Purchase Common Stock 20,743 07 Jun 2021 Common Stock 20,743 $137.44 Direct F7
holding RBCP Option to Purchase Common Stock 35,000 07 Jun 2021 Common Stock 35,000 $199.16 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 41,914 shares of restricted stock, which vest according to the following schedule; 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.
F3 All these options to purchase Common Stock are exercisable except for 8,000 options that vest on 7/8/2021.
F4 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.
F5 All these options to purchase Common Stock are exercisable except for 14,000 options that are subject to the following vesting schedule - 1/2 vest on 6/7/2022 and 1/2 vest on 6/7/2023.
F6 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.
F7 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.
F8 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.