Richard J. Edwards - Jun 6, 2022 Form 4 Insider Report for RBC Bearings INC (RBCP)

Role
V.P. and General Manager
Signature
/s/John J. Feeney/attorney in fact
Stock symbol
RBCP
Transactions as of
Jun 6, 2022
Transactions value $
-$931,790
Form type
4
Date filed
6/9/2022, 04:49 PM
Previous filing
Jun 6, 2022
Next filing
Aug 22, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RBCP Common Stock Options Exercise $264K +2K +16.71% $132.12 14K Jun 6, 2022 Direct F1
transaction RBCP Common Stock Options Exercise $146K +2K +14.32% $72.94 16K Jun 6, 2022 Direct F1
transaction RBCP Common Stock Options Exercise $399K +4K +25.05% $99.64 20K Jun 6, 2022 Direct F1
transaction RBCP Common Stock Options Exercise $288K +2K +10.02% $143.92 22K Jun 6, 2022 Direct F1
transaction RBCP Common Stock Sale -$1.99M -10K -45.52% $199.07 12K Jun 6, 2022 Direct F1
transaction RBCP Common Stock Tax liability -$37.6K -189 -1.58% $199.09 11.8K Jun 7, 2022 Direct F2, F3

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 -2K -100% $0.00* 0 Jun 6, 2022 Common Stock 2K $72.94 Direct
transaction RBCP Option to Purchase Common Stock Options Exercise $0 -4K -50% $0.00 4K Jun 6, 2022 Common Stock 4K $99.64 Direct F4
transaction RBCP Option to Purchase Common Stock Options Exercise $0 -2K -25% $0.00 6K Jun 6, 2022 Common Stock 2K $132.12 Direct F5
transaction RBCP Option to Purchase Common Stock Options Exercise $0 -2K -20% $0.00 8K Jun 6, 2022 Common Stock 2K $143.92 Direct F6
holding RBCP Option to Purchase Common Stock 5K Jun 6, 2022 Common Stock 5K $199.16 Direct F7
holding RBCP Option to Purchase Common Stock 4K Jun 6, 2022 Common Stock 4K $199.10 Direct F8
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Includes 5,600 shares of restricted stock, which vest according to the following schedule - 1,200 shares 1/2 of which vest on 6/7/2022 and 1/2 vest on 6/7/2023; 800 shares 1/2 of which vest on 6/3/2023 and 1/2 vest on 6/3/2024; 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 6/2/2026; and 2,000 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.
F2 Represents shares withheld by the Company to pay tax liability related to the vesting of restricted stock.
F3 Includes 5,000 shares of restricted stock, which vest according to the following schedule - 600 shares that vest on 6/7/2023; 800 shares 1/2 of which vest on 6/3/2023 and 1/2 vest on 6/3/2024; 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 6/2/2026; and 2,000 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.
F4 All these options to purchase Common Stock are exerciseable except for 4,000 options that vest on 6/27/2022.
F5 All these options to purchase Common Stock are exerciseable except for 2,000 options that vest on 6/7/2023.
F6 All these options to purchase Common Stock are exerciseable except for 4,000 options that are subject to the following vesting schedule - 1/2 vest on 6/3/2023 and 1/2 vest on 6/3/2024.
F7 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.
F8 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.