Robert M. Sullivan - 29 Nov 2023 Form 4 Insider Report for RBC Bearings INC (RBC)

Signature
/s/John J. Feeney/attorney in fact
Issuer symbol
RBC
Transactions as of
29 Nov 2023
Net transactions value
-$123,888
Form type
4
Filing time
29 Nov 2023, 17:28:11 UTC
Previous filing
09 Jun 2023
Next filing
28 May 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RBC Common Stock Options Exercise $79,712 +800 +8.2% $99.64 10,580 29 Nov 2023 Direct F1
transaction RBC Common Stock Sale $203,600 -800 -7.6% $254.50 9,780 29 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 -800 -100% $0.000000* 0 29 Nov 2023 Common Stock 800 $99.64 Direct
holding RBC Option to Purchase Common Stock 3,000 29 Nov 2023 Common Stock 3,000 $132.12 Direct
holding RBC Option to Purchase Common Stock 5,600 29 Nov 2023 Common Stock 5,600 $143.92 Direct F2
holding RBC Option to Purchase Common Stock 10,000 29 Nov 2023 Common Stock 10,000 $137.44 Direct F3
holding RBC Option to Purchase Common Stock 5,000 29 Nov 2023 Common Stock 5,000 $199.16 Direct F4
holding RBC Option to Purchase Common Stock 4,000 29 Nov 2023 Common Stock 4,000 $199.10 Direct F5
holding RBC Option to Purchase Common Stock 5,000 29 Nov 2023 Common Stock 5,000 $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 6,400 shares of restricted stock, which vest according to the following schedule - 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.
F2 All these options to purchase Common Stock are exerciseable except for 1,400 options that vest on 6/3/2024.
F3 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.
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 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.
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.