Michael H. Ambrose - 17 Nov 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
17 Nov 2022
Net transactions value
-$82,062
Form type
4
Filing time
18 Nov 2022, 15:08:45 UTC
Previous filing
17 Jun 2022
Next filing
07 Jun 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 $97,962 +600 +10% $163.27 6,600 17 Nov 2022 Direct F1
transaction RBCP Common Stock Options Exercise $54,976 +400 +6.1% $137.44 7,000 17 Nov 2022 Direct F1
transaction RBCP Common Stock Sale $235,000 -1,000 -14% $235.00 6,000 17 Nov 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 -600 -60% $0.000000 400 17 Nov 2022 Common Stock 600 $163.27 Direct F2
transaction RBCP Option to Purchase Common Stock Options Exercise $0 -400 -40% $0.000000 600 17 Nov 2022 Common Stock 400 $137.44 Direct F3
holding RBCP Option to Purchase Common Stock 1,000 17 Nov 2022 Common Stock 1,000 $199.16 Direct F4
holding RBCP Option to Purchase Common Stock 1,000 17 Nov 2022 Common Stock 1,000 $199.09 Direct F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Includes 3,000 shares of restricted stock, which vest according to the following schedule; 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 exerciseable except for 400 options that are subject to the following vesting schedule - 1/2 vest on 11/5/2023 and 1/2 vest on 11/5/2024.
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 6/2/2023, 1/3 vest on 6/2/2024 and 1/3 vest on 6/2/2025.
F4 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.
F5 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.