Michael J. Hartnett - Sep 17, 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 17, 2024
Transactions value $
-$635,319
Form type
4
Date filed
9/18/2024, 05:20 PM
Previous 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 $2.87M +14.4K +4.51% $199.16 334K Sep 17, 2024 Direct F1
transaction RBC Common Stock Sale -$3.48M -12K -3.59% $290.41 322K Sep 17, 2024 Direct F1
transaction RBC Common Stock Options Exercise $120K +604 +0.19% $199.16 323K Sep 18, 2024 Direct F1
transaction RBC Common Stock Sale -$145K -503 -0.16% $289.00 323K Sep 18, 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 -14.4K -31.77% $0.00 31K Sep 17, 2024 Common Stock 14.4K $199.16 Direct F2
transaction RBC Option to Purchase Common Stock Options Exercise $0 -604 -1.95% $0.00 30.4K Sep 18, 2024 Common Stock 604 $199.16 Direct F2
holding RBC Option to Purchase Common Stock 11.8K Sep 17, 2024 Common Stock 11.8K $137.44 Direct
* 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 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.