Michael J. Hartnett - Sep 11, 2024 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
Sep 11, 2024
Transactions value $
-$4,629,806
Form type
4
Date filed
9/13/2024, 04:22 PM
Previous filing
Sep 11, 2024
Next filing
Sep 17, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RBC Common Stock Options Exercise $4.42M +30.7K +10.44% $143.92 325K Sep 11, 2024 Direct F1
transaction RBC Common Stock Sale -$4.26M -15K -4.62% $284.18 310K Sep 11, 2024 Direct F1
transaction RBC Common Stock Sale -$2.15M -7.56K -2.44% $284.72 302K Sep 11, 2024 Direct F1
transaction RBC Common Stock Options Exercise $1.56M +10.8K +3.58% $143.92 313K Sep 12, 2024 Direct F1
transaction RBC Common Stock Options Exercise $3.87M +28.2K +9% $137.44 341K Sep 12, 2024 Direct F1
transaction RBC Common Stock Sale -$8.06M -28.3K -8.29% $284.89 313K Sep 12, 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 -30.7K -73.93% $0.00 10.8K Sep 11, 2024 Common Stock 30.7K $143.92 Direct
transaction RBC Option to Purchase Common Stock Options Exercise $0 -10.8K -100% $0.00 0 Sep 12, 2024 Common Stock 10.8K $143.92 Direct
transaction RBC Option to Purchase Common Stock Options Exercise $0 -28.2K -59.8% $0.00 18.9K Sep 12, 2024 Common Stock 28.2K $137.44 Direct F2
holding RBC Option to Purchase Common Stock 76K Sep 11, 2024 Common Stock 76K $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.