Michael J. Hartnett - 28 Nov 2022 Form 4 Insider Report for RBC Bearings INC (RBC)

Role
President and CEO, Director
Signature
/s/John J. Feeney/attorney in fact
Issuer symbol
RBC
Transactions as of
28 Nov 2022
Net transactions value
-$187,590
Form type
4
Filing time
30 Nov 2022, 16:20:20 UTC
Previous filing
18 Aug 2022
Next filing
05 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 $174,910 +2,398 +0.87% $72.94 276,839 28 Nov 2022 Direct F1
transaction RBCP Common Stock Sale $362,500 -1,500 -0.54% $241.67 275,339 28 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 -2,398 -20% $0.000000 9,496 28 Nov 2022 Common Stock 2,398 $72.94 Direct
holding RBCP Option to Purchase Common stock 32,000 28 Nov 2022 Common Stock 32,000 $99.64 Direct
holding RBCP Option to Purchase Common Stock 30,400 28 Nov 2022 Common Stock 30,400 $132.12 Direct F2
holding RBCP Option to Purchase Common Stock 45,600 28 Nov 2022 Common Stock 45,600 $143.92 Direct F3
holding RBCP Option to Purchase Common Stock 47,114 28 Nov 2022 Common Stock 47,114 $137.44 Direct F4
holding RBCP Option to Purchase Common Stock 76,000 28 Nov 2022 Common Stock 76,000 $199.16 Direct F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Includes 73,788 shares of restricted stock, which vest according to the following schedule; 9,034 shares that vest on 6/2/2023; 34,694 shares 1/2 of which vest on 6/3/2023 and 1/2 vest on 6/3/2024; and 30,060 shares 1/3 of which vest on 6/3/2023, 1/3 vest on 6/3/2024 and 1/3 vest on 6/3/2025.
F2 All these options to purchase Common Stock are exercisable except for 15,200 options that vest on 6/7/2023.
F3 All these options to purchase Common Stock are exerciseable except for 30,400 options that subject to the following vesting schedule - 1/2 vest on 6/3/2023 and 1/2 vest on 6/3/2024.
F4 All these options to purchase Common Stock are exerciseable except for 35,335 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 60,800 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.