Patrick S. Bannon - 15 Nov 2023 Form 4 Insider Report for RBC Bearings INC (RBC)

Role
V.P. and General Manager
Signature
/s/John J. Feeney/attorney in fact
Issuer symbol
RBC
Transactions as of
15 Nov 2023
Net transactions value
-$1,436,349
Form type
4
Filing time
15 Nov 2023, 16:46:14 UTC
Previous 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 Options Exercise $502,240 +4,000 +32% $125.56 16,376 15 Nov 2023 Direct F1
transaction RBC Common Stock Options Exercise $1,236,960 +9,000 +55% $137.44 25,376 15 Nov 2023 Direct F1
transaction RBC Common Stock Sale $3,175,549 -13,000 -51% $244.27 12,376 15 Nov 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
transaction RBC Option to Purchase Common Stock Options Exercise $0 -4,000 -100% $0.000000* 0 15 Nov 2023 Common Stock 4,000 $126.56 Direct
transaction RBC Option to Purchase Common Stock Options Exercise $0 -9,000 -60% $0.000000 6,000 15 Nov 2023 Common Stock 9,000 $137.44 Direct F2
holding RBC Option to Purchase Common Stock 2,000 15 Nov 2023 Common Stock 2,000 $132.12 Direct
holding RBC Option to Purchase Common Stock 15,000 15 Nov 2023 Common Stock 15,000 $143.92 Direct F3
holding RBC Option to Purchase Common Stock 5,000 15 Nov 2023 Common Stock 5,000 $199.16 Direct F4
holding RBC Option to Purchase Common Stock 2,000 15 Nov 2023 Common Stock 2,000 $199.10 Direct F5
holding RBC Option to Purchase Common Stock 2,000 15 Nov 2023 Common Stock 2,000 $199.51 Direct F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Includes 6,000 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; 1,200 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.
F2 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.
F3 All these options to purchase Common Stock are exerciseable except for 3,000 options that vest on 6/3/2024.
F4 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.
F5 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.
F6 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.