Michael J. Hartnett - 13 Sep 2024 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
13 Sep 2024
Net transactions value
-$1,770,772
Form type
4
Filing time
17 Sep 2024, 16:33:34 UTC
Previous filing
13 Sep 2024
Next filing
18 Sep 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 $984,208 +7,161 +2.3% $137.44 320,115 13 Sep 2024 Direct F1
transaction RBC Common Stock Options Exercise $3,382,135 +16,982 +5.3% $199.16 337,097 13 Sep 2024 Direct F1
transaction RBC Common Stock Sale $5,580,957 -19,283 -5.7% $289.42 317,814 13 Sep 2024 Direct F1
transaction RBC Common Stock Options Exercise $2,704,593 +13,580 +4.3% $199.16 331,394 16 Sep 2024 Direct F1
transaction RBC Common Stock Sale $3,260,751 -11,341 -3.4% $287.52 320,053 16 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 -7,161 -38% $0.000000 11,778 13 Sep 2024 Common Stock 7,161 $137.44 Direct F2
transaction RBC Option to Purchase Common Stock Options Exercise $0 -16,982 -22% $0.000000 59,018 13 Sep 2024 Common Stock 16,982 $199.16 Direct F3
transaction RBC Option to Purchase Common Stock Options Exercise $0 -13,580 -23% $0.000000 45,438 16 Sep 2024 Common Stock 13,580 $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.