Daniel A. Bergeron - Jun 2, 2023 Form 4 Insider Report for RBC Bearings INC (RBC)

Role
Vice President and COO, Director
Signature
/s/John J. Feeney/attorney in fact
Stock symbol
RBC
Transactions as of
Jun 2, 2023
Transactions value $
-$1,512,373
Form type
4
Date filed
6/6/2023, 06:35 PM
Previous filing
Jun 5, 2023
Next filing
Feb 23, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RBC Common Stock Tax liability -$329K -1.65K -1.44% $199.51 113K Jun 2, 2023 Direct F1, F2
transaction RBC Common Stock Tax liability -$1.18M -5.68K -5.04% $208.27 107K Jun 5, 2023 Direct F1, F3

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 30K Jun 2, 2023 Common Stock 30K $99.64 Direct
holding RBC Option to Purchase Common Stock 35K Jun 2, 2023 Common Stock 35K $132.12 Direct F4
holding RBC Option to Purchase Common Stock 35K Jun 2, 2023 Common Stock 35K $143.92 Direct F5
holding RBC Option to Purchase Common Stock 20.7K Jun 2, 2023 Common Stock 20.7K $137.44 Direct F6
holding RBC Option to Purchase Common Stock 35K Jun 2, 2023 Common Stock 35K $199.16 Direct F7
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents shares withheld by the Company to pay tax liability related to the vesting of restricted stock.
F2 Includes 38,989 shares of restricted stock, which vest according to the following schedule; 16,667 shares 1/2 of which vest on 6/3/2023 and 1/2 vest on 6/3/2024; 11,774 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 10,548 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.
F3 Includes 26,730 shares of restricted stock, which vest according to the following schedule; 8,333 shares that vest on 6/3/2024; 7,849 shares 1/2 of which vest on 6/3/2024 and 1/2 vest on 6/3/2025; and 10,548 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.
F4 All these options to purchase Common Stock are exercisable except for 7,000 options that vest on 6/7/2023.
F5 All these options to purchase Common Stock are exerciseable except for 7,000 options that vest on 6/3/2024.
F6 All these options to purchase Common Stock are exerciseable except for 8,297 options that are subject to the following vesting schedule - 1/2 vest on 6/2/2024 and 1/2 vest on 6/2/2025.
F7 All these options to purchase Common Stock are exerciseable except for 21,000 options that are subject to the following vesting schedule - 1/3 vest on 6/3/2024, 1/3 vest on 6/3/2025 and 1/3 vest on 6/3/2026.