DANIEL A. BERGERON - 02 Jun 2021 Form 4 Insider Report for RBC Bearings INC (RBC)

Role
Vice President and COO, Director
Signature
/s/John J. Feeney/attorney in fact
Issuer symbol
RBC
Transactions as of
02 Jun 2021
Transactions value $
-$1,143,376
Form type
4
Filing time
04 Jun 2021, 21:18:31 UTC
Next filing
09 Jun 2021
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RBC Common Stock Tax liability -$390,136 -1,968 -2.3% $198.24 83,524 02 Jun 2021 Direct F1, F2
transaction RBC Common Stock Tax liability -$753,239 -3,822 -4.6% $197.08 79,702 03 Jun 2021 Direct F1, F2
transaction RBC Common Stock Award $0 +25,000 +31% $0 104,702 03 Jun 2021 Direct F3

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 Award $0 +35,000 $0 35,000 03 Jun 2021 Common Stock 35,000 $199.16 Direct F4
holding RBC Option to Purchase Common Stock 40,000 02 Jun 2021 Common Stock 40,000 $72.94 Direct F5
holding RBC Option to Purchase Common Stock 30,000 02 Jun 2021 Common Stock 30,000 $99.64 Direct F6
holding RBC Option to Purchase Common Stock 35,000 02 Jun 2021 Common Stock 35,000 $132.12 Direct F7
holding RBC Option to Purchase Common Stock 35,000 02 Jun 2021 Common Stock 35,000 $143.92 Direct F8
holding RBC Option to Purchase Common Stock 20,743 02 Jun 2021 Common Stock 20,743 $137.44 Direct F9
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents shares withheld by the Company to pay tax liability related to the vesting of restricted stock.
F2 Includes 25,247 shares of restricted stock, which vest according to the following schedule; 8,333 shares vest on 6/7/2021; 8,333 shares that vest on 6/3/2022; and 8,581 shares 1/2 of which vest on 6/2/2022 and 1/2 vest on 6/2/2023.
F3 Includes 50,247 shares of restricted stock, which vest according to the following schedule; 8,333 shares vest on 6/7/2021; 8,333 shares that vest on 6/3/2022; 8,581 shares 1/2 of which vest on 6/2/2022 and 1/2 vest on 6/2/2023; and 25,000 shares 1/3 of which vest on 6/3/2022, 1/3 vest on 6/3/2023 and 1/3 vest on 6/3/2024.
F4 These options to purchase Common Stock are subject to the following vesting schedule - 1/5 vest on 6/3/2022, 1/5 vest on 6/3/2023, 1/5 vest on 6/3/2024, 1/5 vest on 6/3/2025 and 1/5 vest on 6/3/2026.
F5 All these options to purchase Common Stock are exercisable except for 8,000 options that vest on 7/8/2021.
F6 All these options to purchase Common Stock are exercisable except for 12,000 options that are subject to the following vesting schedule - 1/2 vest on 6/27/2021 and 1/2 vest on 6/27/2022.
F7 All these options to purchase Common Stock are exercisable except for 21,000 options that are subject to the following vesting schedule - 1/3 vest on 6/7/2021, 1/3 vest on 6/7/2022 and 1/3 vest on 6/7/2023.
F8 All these options to purchase Common Stock are exerciseable except for 21,000 options that are subject to the following vesting schedule - 1/3 vest on 6/3/2022, 1/3 vest on 6/3/2023 and 1/3 vest on 6/3/2024.
F9 All these options to purchase Common Stock are exerciseable except for 16,594 options that are subject to the following vesting schedule - 1/4 vest on 6/2/2022, 1/4 vest on 6/2/2023, 1/4 vest on 6/2/2024 and 1/4 vest on 6/2/2025.