Michael J. Hartnett - Sep 13, 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 13, 2024
Transactions value $
-$1,770,772
Form type
4
Date filed
9/17/2024, 04:33 PM
Previous filing
Sep 13, 2024
Next filing
Sep 18, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RBC Common Stock Options Exercise $984K +7.16K +2.29% $137.44 320K Sep 13, 2024 Direct F1
transaction RBC Common Stock Options Exercise $3.38M +17K +5.3% $199.16 337K Sep 13, 2024 Direct F1
transaction RBC Common Stock Sale -$5.58M -19.3K -5.72% $289.42 318K Sep 13, 2024 Direct F1
transaction RBC Common Stock Options Exercise $2.7M +13.6K +4.27% $199.16 331K Sep 16, 2024 Direct F1
transaction RBC Common Stock Sale -$3.26M -11.3K -3.42% $287.52 320K Sep 16, 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 -7.16K -37.81% $0.00 11.8K Sep 13, 2024 Common Stock 7.16K $137.44 Direct F2
transaction RBC Option to Purchase Common Stock Options Exercise $0 -17K -22.34% $0.00 59K Sep 13, 2024 Common Stock 17K $199.16 Direct F3
transaction RBC Option to Purchase Common Stock Options Exercise $0 -13.6K -23.01% $0.00 45.4K Sep 16, 2024 Common Stock 13.6K $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.