Robert M. Sullivan - 02 Jun 2023 Form 4 Insider Report for RBC Bearings INC (RBC)

Role
Vice President and CFO
Signature
/s/John J. Feeney/attorney in fact
Issuer symbol
RBC
Transactions as of
02 Jun 2023
Net transactions value
-$87,598
Form type
4
Filing time
06 Jun 2023, 19:07:09 UTC
Previous filing
05 Jun 2023
Next filing
09 Jun 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RBC Common Stock Tax liability $35,114 -176 -1.7% $199.51 10,064 02 Jun 2023 Direct F1, F2
transaction RBC Common Stock Tax liability $52,484 -252 -2.5% $208.27 9,812 05 Jun 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 02 Jun 2023 Common Stock 800 $99.64 Direct F4
holding RBC Option to Purchase Common Stock 3,000 02 Jun 2023 Common Stock 3,000 $132.12 Direct F5
holding RBC Option to Purchase Common Stock 5,600 02 Jun 2023 Common Stock 5,600 $143.92 Direct F6
holding RBC Option to Purchase Common Stock 10,000 02 Jun 2023 Common Stock 10,000 $137.44 Direct F7
holding RBC Option to Purchase Common Stock 5,000 02 Jun 2023 Common Stock 5,000 $199.16 Direct F8
holding RBC Option to Purchase Common Stock 4,000 02 Jun 2023 Common Stock 4,000 $199.10 Direct F9
holding RBC Option to Purchase Common Stock 5,000 02 Jun 2023 Common Stock 5,000 $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.