Daniel A. Bergeron - Jun 2, 2022 Form 4 Insider Report for RBC Bearings INC (RBCP)

Signature
/s/John J. Feeney/attorney in fact
Stock symbol
RBCP
Transactions as of
Jun 2, 2022
Transactions value $
-$1,756,033
Form type
4
Date filed
6/6/2022, 05:27 PM
Previous filing
Jun 9, 2021
Next filing
Aug 17, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RBCP Common Stock Tax liability -$259K -1.35K -1.33% $192.54 99.5K Jun 2, 2022 Direct F1, F2
transaction RBCP Common Stock Tax liability -$1.5M -7.59K -7.63% $197.19 91.9K Jun 3, 2022 Direct F1, F3
transaction RBCP Common Stock Award $0 +11.8K +12.81% $0.00 104K Jun 3, 2022 Direct F4

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 40K Jun 2, 2022 Common Stock 40K $72.94 Direct
holding RBCP Option to Purchase Common Stock 30K Jun 2, 2022 Common Stock 30K $99.64 Direct F5
holding RBCP Option to Purchase Common Stock 35K Jun 2, 2022 Common Stock 35K $132.12 Direct F6
holding RBCP Option to Purchase Common Stock 35K Jun 2, 2022 Common Stock 35K $143.92 Direct F7
holding RBCP Option to Purchase Common Stock 20.7K Jun 2, 2022 Common Stock 20.7K $137.44 Direct F8
holding RBCP Option to Purchase Common Stock 35K Jun 2, 2022 Common Stock 35K $199.16 Direct F9
* 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 37,624 shares of restricted stock, which vest according to the following schedule; 8,333 shares that vest on 6/3/2022; 4,291 shares that vest on 6/2/2023; and 25,000 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.
F3 Includes 20,958 shares of restricted stock, which vest according to the following schedule; 4,291 shares that vest on 6/2/2023; and 16,667 shares 1/2 of which vest on 6/3/2023 and 1/2 vest on 6/3/2024.
F4 Includes 32,732 shares of restricted stock, which vest according to the following schedule; 4,291 shares that vest on 6/2/2023; 16,667 shares 1/2 of which vest on 6/3/2023 and 1/2 vest on 6/3/2024; and 11,774 shares 1/3 of which vest on 6/3/2023, 1/3 vest on 6/3/2024 and 1/3 vest on 6/3/2025.
F5 All these options to purchase Common Stock are exercisable except for 6,000 options that vest on 6/27/2022.
F6 All these options to purchase Common Stock are exercisable except for 14,000 options that are subject to the following vesting schedule - 1/2 vest on 6/7/2022 and 1/2 vest on 6/7/2023.
F7 All these options to purchase Common Stock are exerciseable except for 14,000 options that are subject to the following vesting schedule - 1/2 vest on 6/3/2023 and 1/2 vest on 6/3/2024.
F8 All these options to purchase Common Stock are exerciseable except for 12,446 options that are subject to the following vesting schedule - 1/3 vest on 6/2/2023, 1/3 vest on 6/2/2024 and 1/3 vest on 6/2/2025.
F9 All these options to purchase Common Stock are exerciseable except for 28,000 options that are subject to the following vesting schedule - 1/4 vest on 6/3/2023, 1/4 vest on 6/3/2024, 1/4 vest on 6/3/2025 and 1/4 vest on 6/3/2026.