Robert M. Sullivan - 03 Jun 2024 Form 4 Insider Report for RBC Bearings INC (RBC)

Role
Vice President and CFO
Signature
/s/John J. Feeney/attorney in fact
Issuer symbol
RBC
Transactions as of
03 Jun 2024
Net transactions value
-$176,577
Form type
4
Filing time
05 Jun 2024, 17:28:25 UTC
Previous filing
28 May 2024
Next filing
07 Nov 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 Tax liability $176,577 -598 -5.5% $295.28 10,182 03 Jun 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
holding RBC Option to Purchase Common Stock 3,000 03 Jun 2024 Common Stock 3,000 $132.12 Direct
holding RBC Option to Purchase Common Stock 5,600 03 Jun 2024 Common Stock 5,600 $143.92 Direct
holding RBC Option to Purchase Common Stock 10,000 03 Jun 2024 Common Stock 10,000 $137.44 Direct F3
holding RBC Option to Purchase Common Stock 5,000 03 Jun 2024 Common Stock 5,000 $199.16 Direct F4
holding RBC Option to Purchase Common Stock 4,000 03 Jun 2024 Common Stock 4,000 $199.10 Direct F5
holding RBC Option to Purchase Common Stock 5,000 03 Jun 2024 Common Stock 5,000 $199.51 Direct F6
holding RBC Option to Purchase Common Stock 2,000 03 Jun 2024 Common Stock 2,000 $292.85 Direct F7
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents shares withheld by the Company to pay tax liability related to the vesting of restricted stock.
F2 Includes 5,500 shares of restricted stock, which vest according to the following schedule - 500 shares that vest on 6/2/2025; 400 shares 1/2 of which vest on 6/3/2025 and 1/2 vest on 6/3/2026; 1,200 shares 1/3 of which vest on 6/3/2025, 1/3 vest on 6/3/2026 and 1/3 vest on 6/3/2027; 2,400 shares 1/4 of which vest on 6/1/2025, 1/4 vest on 6/1/2026, 1/4 vest on 6/1/2027 and 1/4 vest on 6/1/2028; and 1,000 shares 1/5 of which vest on 5/23/2025, 1/5 vest on 5/23/2026, 1/5 vest on 5/23/2027, 1/5 vest on 5/23/2028 and 1/5 vest on 5/23/2029.
F3 All these options to purchase Common Stock are exerciseable except for 2,000 options that vest on 6/2/2025.
F4 All these options to purchase Common Stock are exerciseable except for 2,000 options that are subject to the following vesting schedule - 1/2 vest on 6/3/2025 and 1/2 vest on 6/3/2026.
F5 All these options to purchase Common Stock are exerciseable except for 2,400 options that are subject to the following vesting schedule - 1/3 vest on 6/3/2025, 1/3 vest on 6/3/2026 and 1/3 vest on 6/3/2027.
F6 All these options to purchase Common Stock are exerciseable except for 4,000 options that are subject to the following vesting schedule - 1/4 vest on 6/1/2025, 1/4 vest on 6/1/2026, 1/4 vest on 6/1/2027 and 1/4 vest on 6/1/2028.
F7 These options to purchase Common Stock are subject to the following vesting schedule - 1/5 vest on 5/23/2025, 1/5 vest on 5/23/2026, 1/5 vest on 5/23/2027, 1/5 vest on 5/23/2028 and 1/5 vest on 5/23/2029.