Michael J. Hartnett - Jun 1, 2023 Form 4 Insider Report for RBC Bearings INC (RBC)

Role
President and CEO, Director
Signature
/s/John J. Feeney/attorney in fact
Stock symbol
RBC
Transactions as of
Jun 1, 2023
Transactions value $
$0
Form type
4
Date filed
6/5/2023, 04:53 PM
Previous filing
Nov 30, 2022
Next filing
Jun 6, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RBC Common Stock Award $0 +31.7K +11.5% $0.00 307K Jun 1, 2023 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
holding RBC Option to Purchase Common Stock 9.5K Jun 1, 2023 Common Stock 9.5K $72.94 Direct
holding RBC Option to Purchase Common stock 32K Jun 1, 2023 Common Stock 32K $99.64 Direct
holding RBC Option to Purchase Common Stock 30.4K Jun 1, 2023 Common Stock 30.4K $132.12 Direct F2
holding RBC Option to Purchase Common Stock 45.6K Jun 1, 2023 Common Stock 45.6K $143.92 Direct F3
holding RBC Option to Purchase Common Stock 47.1K Jun 1, 2023 Common Stock 47.1K $137.44 Direct F4
holding RBC Option to Purchase Common Stock 76K Jun 1, 2023 Common Stock 76K $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 105,453 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; 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; and 31,665 shares 1/3 of which vest on 6/1/2024, 1/3 vest on 6/1/2025 and 1/3 vest on 6/1/2026.
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.