Michael J. Hartnett - 17 Jun 2021 Form 4 Insider Report for RBC Bearings INC (RBC)

Role
President and CEO, Director
Signature
/s/John J. Feeney/attorney in fact
Issuer symbol
RBC
Transactions as of
17 Jun 2021
Net transactions value
-$172,572
Form type
4
Filing time
21 Jun 2021, 18:00:47 UTC
Previous filing
17 Jun 2021
Next filing
23 Jun 2021
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RBCP Common Stock Options Exercise $1,012,045 +7,032 +2.5% $143.92 284,505 17 Jun 2021 Direct F1
transaction RBCP Common Stock Sale $1,184,617 -6,000 -2.1% $197.44 278,505 17 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 -7,032 -9.4% $0.000000 67,760 17 Jun 2021 Common Stock 7,032 $143.92 Direct F2
holding RBCP Option to Purchase Common Stock 20,000 17 Jun 2021 Common Stock 20,000 $72.94 Direct
holding RBCP Option to Purchase Common stock 32,000 17 Jun 2021 Common Stock 32,000 $99.64 Direct F3
holding RBCP Option to Purchase Common Stock 30,400 17 Jun 2021 Common Stock 30,400 $132.12 Direct F4
holding RBCP Option to Purchase Common Stock 58,892 17 Jun 2021 Common Stock 58,892 $137.44 Direct F5
holding RBCP Option to Purchase Common Stock 76,000 17 Jun 2021 Common Stock 76,000 $199.16 Direct F6
* 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 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.
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 These options to purchase Common Stock 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 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.
F6 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.