Michael H. Ambrose - 19 Jul 2023 Form 4 Insider Report for RBC Bearings INC (RBC)

Role
Director
Signature
/s/John J. Feeney/attorney in fact
Issuer symbol
RBC
Transactions as of
19 Jul 2023
Net transactions value
-$88,000
Form type
4
Filing time
20 Jul 2023, 17:18:17 UTC
Previous filing
07 Jun 2023
Next filing
02 Jan 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RBC Common Stock Sale $88,000 -400 -5.6% $220.00 6,800 19 Jul 2023 Direct F1

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 400 19 Jul 2023 Common Stock 400 $163.27 Direct F2
holding RBC Option to Purchase Common Stock 600 19 Jul 2023 Common Stock 600 $137.44 Direct F3
holding RBC Option to Purchase Common Stock 1,000 19 Jul 2023 Common Stock 1,000 $199.16 Direct F4
holding RBC Option to Purchase Common Stock 1,000 19 Jul 2023 Common Stock 1,000 $199.09 Direct F5
holding RBC Option to Purchase Common Stock 1,000 19 Jul 2023 Common Stock 1,000 $206.19 Direct F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Includes 2,700 shares of restricted stock, which vest according to the following schedule; 500 shares that vest on 6/3/2024; 1,000 shares 1/2 of which vest on 6/6/2024 and 1/2 vest on 6/6/2025; and 1,200 shares 1/3 of which vest on 6/5/2024, 1/3 vest on 6/5/2025 and 1/3 vest on 6/5/2026.
F2 All these options to purchase Common Stock are exerciseable except for 400 options that are subject to the following vesting schedule - 1/2 vest on 11/5/2023 and 1/2 vest on 11/5/2024.
F3 All these options to purchase Common Stock are exerciseable except for 400 options that are subject to the following vesting schedule - 1/2 vest on 6/2/2024 and 1/2 vest on 6/2/2025.
F4 All these options to purchase Common Stock are exerciseable except for 600 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.
F5 All these options to purchase Common Stock are exerciseable except for 800 options that are subject to the following vesting schedule - 1/4 vest on 6/6/2024, 1/4 vest on 6/6/2025, 1/4 vest on 6/6/2026 and 1/4 vest on 6/6/2027.
F6 These options to purchase Common Stock are subject to the following vesting schedule - 1/5 vest on 6/5/2024, 1/5 vest on 6/5/2025, 1/5 vest on 6/5/2026, 1/5 vest on 6/5/2027 and 1/5 vest on 6/5/2028.