Michael J. Hartnett - 11 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
11 Jun 2021
Net transactions value
-$1,878,208
Form type
4
Filing time
15 Jun 2021, 18:16:23 UTC
Previous filing
09 Jun 2021
Next filing
17 Jun 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RBCP Common Stock Options Exercise $1,035,164 +14,192 +5.5% $72.94 273,666 11 Jun 2021 Direct F1
transaction RBCP Common Stock Options Exercise $94,060 +944 +0.34% $99.64 274,610 11 Jun 2021 Direct F1
transaction RBCP Common Stock Sale $1,998,544 -10,000 -3.6% $199.85 264,610 11 Jun 2021 Direct F1
transaction RBCP Common Stock Options Exercise $1,500,180 +15,056 +5.7% $99.64 279,666 14 Jun 2021 Direct F1
transaction RBCP Common Stock Options Exercise $1,290,680 +9,769 +3.5% $132.12 289,435 14 Jun 2021 Direct F1
transaction RBCP Common Stock Sale $3,799,749 -18,900 -6.5% $201.04 270,535 14 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 Options Exercise $0 -14,192 -42% $0.000000 20,000 11 Jun 2021 Common Stock 14,192 $72.94 Direct F2
transaction RBCP Option to Purchase Common stock Options Exercise $0 -944 -2% $0.000000 47,056 11 Jun 2021 Common Stock 944 $99.64 Direct F3
transaction RBCP Option to Purchase Common stock Options Exercise $0 -15,056 -32% $0.000000 32,000 14 Jun 2021 Common Stock 15,056 $99.64 Direct F3
transaction RBCP Option to Purchase Common Stock Options Exercise $0 -9,769 -13% $0.000000 66,231 14 Jun 2021 Common Stock 9,769 $132.12 Direct F4
holding RBCP Option to Purchase Common Stock 76,000 11 Jun 2021 Common Stock 76,000 $143.92 Direct F5
holding RBCP Option to Purchase Common Stock 58,892 11 Jun 2021 Common Stock 58,892 $137.44 Direct F6
holding RBCP Option to Purchase Common Stock 76,000 11 Jun 2021 Common Stock 76,000 $199.16 Direct F7
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Includes 87,456 shares of restricted stock, which vest according to the following schedule; 17,347 shares that vest on 6/3/2022; 18,069 shares 1/2 of which vest on 6/2/2022 and 1/2 vest on 6/2/2023; and 52,040 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 All these options to purchase Common Stock are exercisable except for 20,000 options that vest on 7/8/2021.
F3 All these options to purchase Common Stock are exercisable except for 32,000 options that are subject to the following vesting schedule - 1/2 vest on 6/27/2021 and 1/2 vest on 6/27/2022.
F4 All these options to purchase Common Stock are exercisable except for 30,400 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 45,600 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 47,114 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.