Michael J. Hartnett - 17 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
17 Sep 2024
Net transactions value
-$635,319
Form type
4
Filing time
18 Sep 2024, 17:20:35 UTC
Previous filing
17 Sep 2024
Next filing
10 Feb 2025
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 $2,874,675 +14,434 +4.5% $199.16 334,487 17 Sep 2024 Direct F1
transaction RBC Common Stock Sale $3,484,920 -12,000 -3.6% $290.41 322,487 17 Sep 2024 Direct F1
transaction RBC Common Stock Options Exercise $120,293 +604 +0.19% $199.16 323,091 18 Sep 2024 Direct F1
transaction RBC Common Stock Sale $145,367 -503 -0.16% $289.00 322,588 18 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 -14,434 -32% $0.000000 31,004 17 Sep 2024 Common Stock 14,434 $199.16 Direct F2
transaction RBC Option to Purchase Common Stock Options Exercise $0 -604 -1.9% $0.000000 30,400 18 Sep 2024 Common Stock 604 $199.16 Direct F2
holding RBC Option to Purchase Common Stock 11,778 17 Sep 2024 Common Stock 11,778 $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.