Richard J. Edwards - Jun 5, 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 5, 2023
Transactions value $
-$77,268
Form type
4
Date filed
6/6/2023, 07:13 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 -$77.3K -371 -2.9% $208.27 12.4K Jun 5, 2023 Direct F1, F2

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 2K Jun 5, 2023 Common Stock 2K $132.12 Direct F3
holding RBC Option to Purchase Common Stock 4K Jun 5, 2023 Common Stock 4K $143.92 Direct F4
holding RBC Option to Purchase Common Stock 4K Jun 5, 2023 Common Stock 4K $199.16 Direct F5
holding RBC Option to Purchase Common Stock 4K Jun 5, 2023 Common Stock 4K $199.10 Direct F6
holding RBC Option to Purchase Common Stock 2K Jun 5, 2023 Common Stock 2K $199.51 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 4,800 shares of restricted stock, which vest according to the following schedule - 600 shares that vest on 6/7/2023; 400 shares that vest on 6/3/2024; 1,200 shares 1/3 of which vest on 6/3/2024, 1/3 vest on 6/3/2025 and 1/3 vest on 6/2/2026; 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 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 These options to purchase Common Stock vest on 6/7/2023.
F4 All these options to purchase Common Stock are exerciseable except for 2,000 options that vest on 6/3/2024.
F5 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.
F6 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.
F7 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.