Patrick S. Bannon - Aug 9, 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
Aug 9, 2022
Transactions value $
-$1,336,158
Form type
4
Date filed
8/10/2022, 04:08 PM
Previous filing
Jun 9, 2022
Next filing
Jun 5, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RBCP Common Stock Options Exercise $506K +4K +31.96% $126.56 16.5K Aug 9, 2022 Direct F1
transaction RBCP Common Stock Options Exercise $1.06M +8K +48.44% $132.12 24.5K Aug 9, 2022 Direct F1
transaction RBCP Common Stock Sale -$2.9M -12K -48.95% $241.61 12.5K Aug 9, 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 -4K -50% $0.00 4K Aug 9, 2022 Common Stock 4K $126.56 Direct F2
transaction RBCP Option to Purchase Common Stock Options Exercise $0 -8K -80% $0.00 2K Aug 9, 2022 Common Stock 8K $132.12 Direct F3
holding RBCP Option to Purchase Common Stock 15K Aug 9, 2022 Common Stock 15K $143.92 Direct F4
holding RBCP Option to Purchase Common Stock 15K Aug 9, 2022 Common Stock 15K $137.44 Direct F5
holding RBCP Option to Purchase Common Stock 5K Aug 9, 2022 Common Stock 5K $199.16 Direct F6
holding RBCP Option to Purchase Common Stock 2K Aug 9, 2022 Common Stock 2K $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.