Michael J. Hartnett - Dec 5, 2023 Form 4 Insider Report for RBC Bearings INC (RBC)

Role
President and CEO, Director
Signature
/s/John J. Feeney/attorney in fact
Stock symbol
RBC
Transactions as of
Dec 5, 2023
Transactions value $
-$7,168,465
Form type
4
Date filed
12/7/2023, 06:28 PM
Previous filing
Jun 26, 2023
Next filing
Dec 8, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RBC Common Stock Options Exercise $1.16M +11.6K +3.95% $99.64 305K Dec 5, 2023 Direct F1
transaction RBC Common Stock Sale -$3.07M -11.6K -3.8% $264.38 293K Dec 5, 2023 Direct F1
transaction RBC Common Stock Options Exercise $1.65M +16.5K +5.63% $99.64 310K Dec 6, 2023 Direct F1
transaction RBC Common Stock Sale -$4.31M -16.5K -5.33% $260.54 293K Dec 6, 2023 Direct F1
transaction RBC Common Stock Options Exercise $386K +3.87K +1.32% $99.64 297K Dec 7, 2023 Direct F1
transaction RBC Common Stock Options Exercise $2.06M +15.6K +5.26% $132.12 313K Dec 7, 2023 Direct F1
transaction RBC Common Stock Sale -$5.05M -19.5K -6.23% $258.92 293K Dec 7, 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 -11.6K -36.24% $0.00 20.4K Dec 5, 2023 Common Stock 11.6K $99.64 Direct
transaction RBC Option to Purchase Common stock Options Exercise $0 -16.5K -81.01% $0.00 3.87K Dec 6, 2023 Common Stock 16.5K $99.64 Direct
transaction RBC Option to Purchase Common stock Options Exercise $0 -3.87K -100% $0.00* 0 Dec 7, 2023 Common Stock 3.87K $99.64 Direct
transaction RBC Option to Purchase Common Stock Options Exercise $0 -15.6K -51.4% $0.00 14.8K Dec 7, 2023 Common Stock 15.6K $132.12 Direct
holding RBC Option to Purchase Common Stock 45.6K Dec 5, 2023 Common Stock 45.6K $143.92 Direct F2
holding RBC Option to Purchase Common Stock 47.1K Dec 5, 2023 Common Stock 47.1K $137.44 Direct F3
holding RBC Option to Purchase Common Stock 76K Dec 5, 2023 Common Stock 76K $199.16 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Includes 69,052 shares of restricted stock, which vest according to the following schedule; 17,347 shares that vest on 6/3/2024; 20,040 shares 1/2 of which vest on 6/3/2024 and 1/2 vest on 6/3/2025; and 31,665 shares 1/3 of which vest on 6/1/2024, 1/3 vest on 6/1/2025 and 1/3 vest on 6/1/2026.
F2 All these options to purchase Common Stock are exerciseable except for 15,200 options that vest on 6/3/2024.
F3 All these options to purchase Common Stock are exerciseable except for 23,557 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 45,600 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.