Patrick S. Bannon - 02 Jun 2022 Form 4 Insider Report for RBC Bearings INC (RBC)

Role
V.P. and General Manager
Signature
/s/John J. Feeney/attorney in fact
Issuer symbol
RBC
Transactions as of
02 Jun 2022
Net transactions value
-$148,761
Form type
4
Filing time
06 Jun 2022, 17:35:15 UTC
Previous filing
13 Apr 2022
Next filing
09 Jun 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 Tax liability $61,998 -322 -2.6% $192.54 12,269 02 Jun 2022 Direct F1, F2
transaction RBCP Common Stock Tax liability $86,764 -440 -3.6% $197.19 11,829 03 Jun 2022 Direct F1, F3
transaction RBCP Common Stock Award $0 +1,000 +8.5% $0.000000 12,829 03 Jun 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
transaction RBCP Option to Purchase Common Stock Award $0 +2,000 $0.000000 2,000 03 Jun 2022 Common Stock 2,000 $199.10 Direct F5
holding RBCP Option to Purchase Common Stock 8,000 02 Jun 2022 Common Stock 8,000 $126.56 Direct F6
holding RBCP Option to Purchase Common Stock 10,000 02 Jun 2022 Common Stock 10,000 $132.12 Direct F7
holding RBCP Option to Purchase Common Stock 15,000 02 Jun 2022 Common Stock 15,000 $143.92 Direct F8
holding RBCP Option to Purchase Common Stock 15,000 02 Jun 2022 Common Stock 15,000 $137.44 Direct F9
holding RBCP Option to Purchase Common Stock 5,000 02 Jun 2022 Common Stock 5,000 $199.16 Direct F10
* 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 10,000 shares of restricted stock, that vest according to the following schedule - 3,000 shares 1/3 of which vest on 6/2/2023, 1/3 vest on 6/2/2024 and 1/3 vest on 6/2/2025; 3,000 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; 2,000 shares 1/2 of which vest on 6/7/2022 and 1/2 vest on 6/7/2023; 2,000 shares 1/5 of which 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.
F3 Includes 8,600 shares of restricted stock, that vest according to the following schedule - 3,000 shares 1/3 of which vest on 6/2/2023, 1/3 vest on 6/2/2024 and 1/3 vest on 6/2/2025; 2,000 shares 1/2 of which vest on 6/3/2023 and 1/2 vest on 6/3/2024; 2,000 shares 1/2 of which vest on 6/7/2022 and 1/2 vest on 6/7/2023; and 1,600 shares 1/4 of which vest on 6/3/2023, 1/4 vest on 6/3/2024, 1/4.
F4 Includes 9,600 shares of restricted stock, that vest according to the following schedule - 3,000 shares 1/3 of which vest on 6/2/2023, 1/3 vest on 6/2/2024 and 1/3 vest on 6/2/2025; 2,000 shares 1/2 of which vest on 6/3/2023 and 1/2 vest on 6/3/2024; 2,000 shares 1/2 of which vest on 6/7/2022 and 1/2 vest on 6/7/2023; 1,600 shares 1/4 of which 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; and 1,000 shares 1/5 of which vest on 6/3/2023, 1/5 vest on 6/3/2024, 1/5 vest on 6/3/2025, 1/5 vest on 6/3/2026 and 1/5 vest on 6/3/2027.
F5 These options to purchase Common Stock are subject to the following vesting schedule - 1/5 vest on 6/3/2023, 1/5 vest on 6/3/2024, 1/5 vest on 6/3/2025, 1/5 vest on 6/3/2026 and 1/5 vest on 6/3/2027.
F6 All these options to purchase Common Stock are exerciseable except for 4,000 options that vest on 2/1/2023.
F7 All these options to purchase Common Stock are exercisable except for 4,000 options that are subject to the following vesting schedule - 1/2 vest on 6/7/2022 and 1/2 vest on 6/7/2023.
F8 All these options to purchase Common Stock are exerciseable except for 6,000 options that are subject to the following vesting schedule - 1/2 vest on 6/3/2023 and 1/2 vest on 6/3/2024.
F9 All these options to purchase Common Stock are exerciseable except for 9,000 options that are subject to the following vesting schedule - 1/3 vest on 6/2/2023, 1/3 vest on 6/2/2024 and 1/4 vest on 6/2/2025.
F10 All these options to purchase Common Stock are exerciseable except for 4,000 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.