Patrick S. Bannon - Jun 2, 2023 Form 4 Insider Report for RBC Bearings INC (RBC)

Role
V.P. and General Manager
Signature
/s/John J. Feeney/attorney in fact
Stock symbol
RBC
Transactions as of
Jun 2, 2023
Transactions value $
-$169,002
Form type
4
Date filed
6/6/2023, 07:02 PM
Previous filing
Jun 5, 2023
Next filing
Jun 9, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RBC Common Stock Tax liability -$64.2K -322 -2.38% $199.51 13.2K Jun 2, 2023 Direct F1, F2
transaction RBC Common Stock Tax liability -$105K -503 -3.81% $208.27 12.7K 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 4K Jun 2, 2023 Common Stock 4K $126.56 Direct
holding RBC Option to Purchase Common Stock 2K Jun 2, 2023 Common Stock 2K $132.12 Direct F4
holding RBC Option to Purchase Common Stock 15K Jun 2, 2023 Common Stock 15K $143.92 Direct F5
holding RBC Option to Purchase Common Stock 15K Jun 2, 2023 Common Stock 15K $137.44 Direct F6
holding RBC Option to Purchase Common Stock 5K Jun 2, 2023 Common Stock 5K $199.16 Direct F7
holding RBC Option to Purchase Common Stock 2K Jun 2, 2023 Common Stock 2K $199.10 Direct F8
holding RBC Option to Purchase Common Stock 2K Jun 2, 2023 Common Stock 2K $199.51 Direct F9
* 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 8,600 shares of restricted stock, that vest according to the following schedule - 2,000 shares 1/2 of which vest on 6/2/2024 and 1/2 vest on 6/2/2025; 2,000 shares 1/2 of which vest on 6/3/2023 and 1/2 vest on 6/3/2024; 1,000 shares that vest on 6/7/2023; 1,600 shares 1/4 of which 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; 1,000 shares 1/5 of which vest on 6/3/2023, 1/5 vest on 6/3/2024, 1/5 vest on 6/3/2025, 1/5 vest on 6/3/2026 and 1/5 vest on 6/3/2027; and 1,000 shares 1/5 of which vest on 6/1/2024, 1/5 vest on 6/1/2025, 1/5 vest on 6/1/2026, 1/5 vest on 6/1/2027 and 1/5 vest on 6/1/2028.
F3 Includes 7,000 shares of restricted stock, that vest according to the following schedule - 2,000 shares 1/2 of which vest on 6/2/2024 and 1/2 vest on 6/2/2025; 1,000 shares that vest on 6/3/2024; 1,000 shares that vest on 6/7/2023; 1,200 shares 1/3 of which vest on 6/3/2024, 1/3 vest on 6/3/2025 and 1/3 vest on 6/3/2026; 800 shares 1/4 of which vest on 6/3/2024, 1/4 vest on 6/3/2025, 1/4 vest on 6/3/2026 and 1/4 vest on 6/3/2027; and 1,000 shares 1/5 of which vest on 6/1/2024, 1/5 vest on 6/1/2025, 1/5 vest on 6/1/2026, 1/5 vest on 6/1/2027 and 1/5 vest on 6/1/2028.
F4 These options to purchase Common Stock vest on 6/7/2023.
F5 All these options to purchase Common Stock are exerciseable except for 3,000 options that vest on 6/3/2024.
F6 All these options to purchase Common Stock are exerciseable except for 6,000 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 3,000 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.
F8 All these options to purchase Common Stock are exerciseable except for 1,600 options that are subject to the following vesting schedule - 1/4 vest on 6/3/2024, 1/5 vest on 6/3/2025, 1/5 vest on 6/3/2026 and 1/4 vest on 6/3/2027.
F9 These options to purchase Common Stock are subject to the following vesting schedule - 1/5 vest on 6/1/2024, 1/5 vest on 6/1/2025, 1/5 vest on 6/1/2026, 1/5 vest on 6/1/2027 and 1/5 vest on 6/1/2028.