Robert M. Sullivan - Jun 7, 2021 Form 4 Insider Report for RBC Bearings INC (RBCP)

Role
Vice President and CFO
Signature
/s/John J. Feeney/attorney in fact
Stock symbol
RBCP
Transactions as of
Jun 7, 2021
Transactions value $
-$6,194
Form type
4
Date filed
6/9/2021, 04:23 PM
Previous filing
Jun 4, 2021
Next filing
Jun 6, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RBCP Common Stock Tax liability -$6.19K -31 -0.55% $199.80 5.57K Jun 7, 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 800 Jun 7, 2021 Common Stock 800 $99.64 Direct F3
holding RBCP Option to Purchase Common Stock 3K Jun 7, 2021 Common Stock 3K $132.12 Direct F4
holding RBCP Option to Purchase Common Stock 5.6K Jun 7, 2021 Common Stock 5.6K $143.92 Direct F5
holding RBCP Option to Purchase Common Stock 10K Jun 7, 2021 Common Stock 10K $137.44 Direct F6
holding RBCP Option to Purchase Common Stock 5K Jun 7, 2021 Common Stock 5K $199.16 Direct F7
* 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 3,800 shares of restricted stock, which vest according to the following schedule - 200 shares 1/2 of which vest on 6/7/2022 and 1/2 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.
F3 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.
F4 All these options to purchase Common Stock are exerciseable except for 2,000 options that are subject to the following vesting schedule - 1/2 vest on 6/7/2022 and 1/2 vest on 6/7/2023.
F5 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.
F6 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.
F7 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.