Patrick S. Bannon - 09 Aug 2022 Form 4 Insider Report for RBC Bearings INC (RBC)

Signature
/s/John J. Feeney/attorney in fact
Issuer symbol
RBC
Transactions as of
09 Aug 2022
Net transactions value
-$1,336,158
Form type
4
Filing time
10 Aug 2022, 16:08:12 UTC
Previous filing
09 Jun 2022
Next filing
05 Jun 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RBCP Common Stock Options Exercise $506,240 +4,000 +32% $126.56 16,515 09 Aug 2022 Direct F1
transaction RBCP Common Stock Options Exercise $1,056,960 +8,000 +48% $132.12 24,515 09 Aug 2022 Direct F1
transaction RBCP Common Stock Sale $2,899,358 -12,000 -49% $241.61 12,515 09 Aug 2022 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 -4,000 -50% $0.000000 4,000 09 Aug 2022 Common Stock 4,000 $126.56 Direct F2
transaction RBCP Option to Purchase Common Stock Options Exercise $0 -8,000 -80% $0.000000 2,000 09 Aug 2022 Common Stock 8,000 $132.12 Direct F3
holding RBCP Option to Purchase Common Stock 15,000 09 Aug 2022 Common Stock 15,000 $143.92 Direct F4
holding RBCP Option to Purchase Common Stock 15,000 09 Aug 2022 Common Stock 15,000 $137.44 Direct F5
holding RBCP Option to Purchase Common Stock 5,000 09 Aug 2022 Common Stock 5,000 $199.16 Direct F6
holding RBCP Option to Purchase Common Stock 2,000 09 Aug 2022 Common Stock 2,000 $199.10 Direct F7
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 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; 1,000 shares that 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.
F2 All these options to purchase Common Stock are exerciseable except for 4,000 options that vest on 2/1/2023.
F3 All these options to purchase Common Stock are exercisable except for 2,000 options that vest on 6/7/2023.
F4 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.
F5 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.
F6 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.
F7 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.