Michael H. Ambrose - 02 Jan 2024 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
02 Jan 2024
Net transactions value
-$65,407
Form type
4
Filing time
02 Jan 2024, 17:24:38 UTC
Previous filing
20 Jul 2023
Next filing
31 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 $59,748 +300 +4.4% $199.16 7,100 02 Jan 2024 Direct F1
transaction RBC Common Stock Sale $83,339 -300 -4.2% $277.80 6,800 02 Jan 2024 Direct F1
transaction RBC Common Stock Gift $41,816 -150 -2.2% $278.77 6,650 02 Jan 2024 Direct F1, F2

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 -300 -30% $0.000000 700 02 Jan 2024 Common Stock 300 $199.16 Direct F3
holding RBC Option to Purchase Common Stock 400 02 Jan 2024 Common Stock 400 $163.27 Direct F4
holding RBC Option to Purchase Common Stock 600 02 Jan 2024 Common Stock 600 $137.44 Direct F5
holding RBC Option to Purchase Common Stock 1,000 02 Jan 2024 Common Stock 1,000 $199.09 Direct F6
holding RBC Option to Purchase Common Stock 1,000 02 Jan 2024 Common Stock 1,000 $206.19 Direct F7
* 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 Represents the closing price of RBC common stock on the date of the gift.
F3 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.
F4 All these options to purchase Common Stock are exerciseable except for 200 options that vest on 11/5/2024.
F5 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.
F6 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.
F7 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.