Daniel A. Bergeron - 11 Nov 2024 Form 4 Insider Report for RBC Bearings INC (RBC)

Signature
/s/John J. Feeney/attorney in fact
Issuer symbol
RBC
Transactions as of
11 Nov 2024
Net transactions value
-$3,299,035
Form type
4
Filing time
12 Nov 2024, 16:02:54 UTC
Previous filing
05 Jun 2024
Next filing
05 Feb 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RBC Common Stock Options Exercise $2,312,100 +17,500 +16% $132.12 128,908 11 Nov 2024 Direct F1
transaction RBC Common Stock Sale $5,611,135 -17,500 -14% $320.64 111,408 11 Nov 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 -17,500 -50% $0.000000 17,500 11 Nov 2024 Common Stock 17,500 $132.12 Direct
holding RBC Option to Purchase Common Stock 35,000 11 Nov 2024 Common Stock 35,000 $143.92 Direct
holding RBC Option to Purchase Common Stock 20,743 11 Nov 2024 Common Stock 20,743 $137.44 Direct F2
holding RBC Option to Purchase Common Stock 35,000 11 Nov 2024 Common Stock 35,000 $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 17,693 shares of restricted stock, which vest according to the following schedule; 3,925 shares that vest on 6/3/2025; 7,032 shares 1/2 of which vest on 6/1/2025 and 1/2 vest on 6/1/2026; and 6,736 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 4,149 options that vest on 6/2/2025.
F3 All these options to purchase Common Stock are exerciseable except for 14,000 options that are subject to the following vesting schedule - 1/2 vest on 6/3/2025 and 1/2 vest on 6/3/2026.