Edward Stewart - 10 Aug 2022 Form 4 Insider Report for RBC Bearings INC (RBC)

Role
Director
Signature
/s/John J. Feeney/attorney in fact
Issuer symbol
RBC
Transactions as of
10 Aug 2022
Net transactions value
-$485,130
Form type
4
Filing time
10 Aug 2022, 16:16:20 UTC
Previous filing
17 Jun 2022
Next filing
28 Feb 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RBCP Common Stock Options Exercise $72,940 +1,000 +4% $72.94 26,083 10 Aug 2022 Direct F1
transaction RBCP Common Stock Options Exercise $199,280 +2,000 +7.7% $99.64 28,083 10 Aug 2022 Direct F1
transaction RBCP Common Stock Sale $757,350 -3,000 -11% $252.45 25,083 10 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 -1,000 -100% $0.000000* 0 10 Aug 2022 Common Stock 1,000 $72.94 Direct
transaction RBCP Option to Purchase Common Stock Options Exercise $0 -2,000 -100% $0.000000* 0 10 Aug 2022 Common Stock 2,000 $99.64 Direct
holding RBCP Option to Purchase Common Stock 1,000 10 Aug 2022 Common Stock 1,000 $128.24 Direct F2
holding RBCP Option to Purchase Common Stock 1,000 10 Aug 2022 Common Stock 1,000 $158.48 Direct F3
holding RBCP Option to Purchase Common Stock 1,000 10 Aug 2022 Common Stock 1,000 $137.44 Direct F4
holding RBCP Option to Purchase Common Stock 1,000 10 Aug 2022 Common Stock 1,000 $199.16 Direct F5
holding RBCP Option to Purchase Common Stock 1,000 10 Aug 2022 Common Stock 1,000 $199.09 Direct F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Includes 3,500 shares of restricted stock, which vest according to the following schedule; 500 shares that vest on 8/19/2022; 500 shares that vest on 6/2/2023; 1,000 shares 1/2 of which vest on 6/3/2023 and 1/2 vest on 6/3/2024; and 1,500 shares 1/3 of which vest on 6/6/2023, 1/3 vest on 6/6/2024 and 1/3 vest on 6/6/2025.
F2 All these options to purchase Common Stock are exercisable except for 200 options that vest on 7/3/2023.
F3 All these options to purchase Common Stock are exerciseable except for 600 options that are subject to the following vesting schedule - 1/3 vest on 8/19/2022, 1/3 vest on 8/19/2023 and 1/3 vest on 8/19/2024.
F4 All these options to purchase Common Stock are exerciseable except for 600 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.
F5 All these options to purchase Common Stock are exerciseable except for 800 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.
F6 These options to purchase Common Stock are subject to the following vesting schedule - 1/5 vest on 6/6/2023, 1/5 vest on 6/6/2024, 1/5 vest on 6/6/2025, 1/5 vest on 6/6/2026 and 1/5 vest on 6/6/2027.