Michael J. Hartnett - Jun 11, 2021 Form 4 Insider Report for RBC Bearings INC (RBCP)

Role
President and CEO, Director
Signature
/s/John J. Feeney/attorney in fact
Stock symbol
RBCP
Transactions as of
Jun 11, 2021
Transactions value $
-$1,878,208
Form type
4
Date filed
6/15/2021, 06:16 PM
Previous filing
Jun 9, 2021
Next filing
Jun 17, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RBCP Common Stock Options Exercise $1.04M +14.2K +5.47% $72.94 274K Jun 11, 2021 Direct F1
transaction RBCP Common Stock Options Exercise $94.1K +944 +0.34% $99.64 275K Jun 11, 2021 Direct F1
transaction RBCP Common Stock Sale -$2M -10K -3.64% $199.85 265K Jun 11, 2021 Direct F1
transaction RBCP Common Stock Options Exercise $1.5M +15.1K +5.69% $99.64 280K Jun 14, 2021 Direct F1
transaction RBCP Common Stock Options Exercise $1.29M +9.77K +3.49% $132.12 289K Jun 14, 2021 Direct F1
transaction RBCP Common Stock Sale -$3.8M -18.9K -6.53% $201.04 271K Jun 14, 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 -14.2K -41.51% $0.00 20K Jun 11, 2021 Common Stock 14.2K $72.94 Direct F2
transaction RBCP Option to Purchase Common stock Options Exercise $0 -944 -1.97% $0.00 47.1K Jun 11, 2021 Common Stock 944 $99.64 Direct F3
transaction RBCP Option to Purchase Common stock Options Exercise $0 -15.1K -32% $0.00 32K Jun 14, 2021 Common Stock 15.1K $99.64 Direct F3
transaction RBCP Option to Purchase Common Stock Options Exercise $0 -9.77K -12.85% $0.00 66.2K Jun 14, 2021 Common Stock 9.77K $132.12 Direct F4
holding RBCP Option to Purchase Common Stock 76K Jun 11, 2021 Common Stock 76K $143.92 Direct F5
holding RBCP Option to Purchase Common Stock 58.9K Jun 11, 2021 Common Stock 58.9K $137.44 Direct F6
holding RBCP Option to Purchase Common Stock 76K Jun 11, 2021 Common Stock 76K $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.