Michael J. Hartnett - 08 Dec 2023 Form 4 Insider Report for RBC Bearings INC (RBC)

Role
President and CEO, Director
Signature
/s/John J. Feeney/attorney in fact
Issuer symbol
RBC
Transactions as of
08 Dec 2023
Net transactions value
-$1,912,224
Form type
4
Filing time
08 Dec 2023, 16:51:04 UTC
Previous filing
07 Dec 2023
Next filing
28 May 2024
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 $1,951,941 +14,774 +5% $132.12 308,221 08 Dec 2023 Direct F1
transaction RBC Common Stock Sale $3,864,165 -14,774 -4.8% $261.55 293,447 08 Dec 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 -14,774 -100% $0.000000* 0 08 Dec 2023 Common Stock 14,774 $132.12 Direct
holding RBC Option to Purchase Common Stock 45,600 08 Dec 2023 Common Stock 45,600 $143.92 Direct F2
holding RBC Option to Purchase Common Stock 47,114 08 Dec 2023 Common Stock 47,114 $137.44 Direct F3
holding RBC Option to Purchase Common Stock 76,000 08 Dec 2023 Common Stock 76,000 $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.