Michael J. Hartnett - 09 Sep 2024 Form 4 Insider Report for RBC Bearings INC (RBC)

Signature
/s/John J. Feeney/attorney in fact
Issuer symbol
RBC
Transactions as of
09 Sep 2024
Net transactions value
-$265,352
Form type
4
Filing time
11 Sep 2024, 17:34:47 UTC
Previous filing
05 Jun 2024
Next filing
13 Sep 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RBC Common Stock Options Exercise $587,338 +4,081 +1.4% $143.92 297,120 09 Sep 2024 Direct F1
transaction RBC Common Stock Sale $852,690 -3,000 -1% $284.23 294,120 09 Sep 2024 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 -4,081 -8.9% $0.000000 41,519 09 Sep 2024 Common Stock 4,081 $143.92 Direct
holding RBC Option to Purchase Common Stock 47,114 09 Sep 2024 Common Stock 47,114 $137.44 Direct F2
holding RBC Option to Purchase Common Stock 76,000 09 Sep 2024 Common Stock 76,000 $199.16 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Includes 48,297 shares of restricted stock, which vest according to the following schedule; 10,020 shares that vest on 6/3/2025; 21,110 shares 1/2 of which vest on 6/1/2025 and 1/2 vest on 6/1/2026; and 17,167 shares 1/3 of which vest on 5/23/2025, 1/3 vest on 5/23/2026 and 1/3 vest on 5/23/2027.
F2 All these options to purchase Common Stock are exerciseable except for 11,778 options that vest on 6/2/2025.
F3 All these options to purchase Common Stock are exerciseable except for 30,400 options that are subject to the following vesting schedule - 1/2 vest on 6/3/2025 and 1/2 vest on 6/3/2026.