Robert M. Sullivan - Jun 2, 2023 Form 4 Insider Report for RBC Bearings INC (RBC)

Role
Vice President and CFO
Signature
/s/John J. Feeney/attorney in fact
Stock symbol
RBC
Transactions as of
Jun 2, 2023
Transactions value $
-$87,598
Form type
4
Date filed
6/6/2023, 07:07 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 -$35.1K -176 -1.72% $199.51 10.1K Jun 2, 2023 Direct F1, F2
transaction RBC Common Stock Tax liability -$52.5K -252 -2.5% $208.27 9.81K 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 800 Jun 2, 2023 Common Stock 800 $99.64 Direct F4
holding RBC Option to Purchase Common Stock 3K Jun 2, 2023 Common Stock 3K $132.12 Direct F5
holding RBC Option to Purchase Common Stock 5.6K Jun 2, 2023 Common Stock 5.6K $143.92 Direct F6
holding RBC Option to Purchase Common Stock 10K Jun 2, 2023 Common Stock 10K $137.44 Direct F7
holding RBC Option to Purchase Common Stock 5K Jun 2, 2023 Common Stock 5K $199.16 Direct F8
holding RBC Option to Purchase Common Stock 4K Jun 2, 2023 Common Stock 4K $199.10 Direct F9
holding RBC Option to Purchase Common Stock 5K Jun 2, 2023 Common Stock 5K $199.51 Direct F10
* 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 7,300 shares of restricted stock, which vest according to the following schedule - 100 shares that vest on 6/7/2023; 400 shares 1/2 of which vest on 6/3/2023 and 1/2 vest on 6/3/2024; 1,000 shares 1/2 of which vest on 6/2/2024 and 1/2 vest on 6/2/2025; 800 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; 2,000 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 3,000 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 6,500 shares of restricted stock, which vest according to the following schedule - 100 shares that vest on 6/7/2023; 200 shares that vest on 6/3/2024; 1,000 shares 1/2 of which vest on 6/2/2024 and 1/2 vest on 6/2/2025; 600 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; 1,600 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 3,000 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 All these options to purchase Common Stock are exerciseable except for 400 options that vest on 6/27/2022.
F5 All these options to purchase Common Stock are exerciseable except for 1,000 options that vest on 6/7/2023.
F6 All these options to purchase Common Stock are exerciseable except for 1,400 options that vest on 6/3/2024.
F7 All these options to purchase Common Stock are exerciseable except for 4,000 options that are subject to the following vesting schedule - 1/2 vest on 6/2/2024 and 1/2 vest on 6/2/2025.
F8 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.
F9 All these options to purchase Common Stock are exerciseable except for 3,200 options that are subject to the following vesting schedule - 1/4 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.
F10 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.