Michael J. Hartnett - 23 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
23 Jun 2021
Net transactions value
-$331,314
Form type
4
Filing time
25 Jun 2021, 16:41:02 UTC
Previous filing
23 Jun 2021
Next filing
01 Dec 2022
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 $1,486,139 +10,813 +3.8% $137.44 292,553 23 Jun 2021 Direct F1
transaction RBCP Common Stock Sale $1,791,774 -9,000 -3.1% $199.09 283,553 23 Jun 2021 Direct F1
transaction RBCP Common Stock Options Exercise $122,322 +890 +0.31% $137.44 284,443 24 Jun 2021 Direct F1
transaction RBCP Common Stock Sale $148,000 -740 -0.26% $200.00 283,703 24 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 -10,813 -18% $0.000000 48,004 23 Jun 2021 Common Stock 10,813 $137.44 Direct F2
transaction RBCP Option to Purchase Common Stock Options Exercise $0 -890 -1.9% $0.000000 47,114 24 Jun 2021 Common Stock 890 $137.44 Direct F2
holding RBCP Option to Purchase Common Stock 20,000 23 Jun 2021 Common Stock 20,000 $72.94 Direct
holding RBCP Option to Purchase Common stock 32,000 23 Jun 2021 Common Stock 32,000 $99.64 Direct F3
holding RBCP Option to Purchase Common Stock 30,400 23 Jun 2021 Common Stock 30,400 $132.12 Direct F4
holding RBCP Option to Purchase Common Stock 45,600 23 Jun 2021 Common Stock 45,600 $143.92 Direct F5
holding RBCP Option to Purchase Common Stock 76,000 23 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 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.
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 These options to purchase Common Stock 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 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.