Patrick S. Bannon - Jun 2, 2021 Form 4 Insider Report for RBC Bearings INC (RBC)

Role: V.P. and General Manager
Signature: /s/John J. Feeney/attorney in fact
Stock symbol: RBC
Transactions as of: Jun 2, 2021
Transactions value $: -$995,874
Form type: 4
Date filed: 6/4/2021, 09:34 PM
Next filing: Jun 9, 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	Options Exercise	$1.52M	+12K	+64.58%	$126.56	30.6K	Jun 2, 2021	Direct	F1
transaction	RBC	Common Stock	Sale	-$2.36M	-12K	-39.24%	$196.91	18.6K	Jun 2, 2021	Direct	F1
transaction	RBC	Common Stock	Tax liability	-$61.3K	-309	-1.66%	$198.24	18.3K	Jun 2, 2021	Direct	F1, F2
transaction	RBC	Common Stock	Tax liability	-$90.5K	-459	-2.51%	$197.08	17.8K	Jun 3, 2021	Direct	F1, F2
transaction	RBC	Common Stock	Award	$0	+2K	+11.23%	$0.00	19.8K	Jun 3, 2021	Direct	F3

Showing 1 to 5 of 5 entries

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	-12K	-60%	$0.00	8K	Jun 2, 2021	Common Stock	12K	$126.56	Direct	F4
transaction	RBC	Option to Purchase Common Stock	Award	$0	+5K		$0.00	5K	Jun 3, 2021	Common Stock	5K	$199.16	Direct	F5
holding	RBC	Option to Purchase Common Stock						10K	Jun 2, 2021	Common Stock	10K	$132.12	Direct	F6
holding	RBC	Option to Purchase Common Stock						15K	Jun 2, 2021	Common Stock	15K	$143.92	Direct	F7
holding	RBC	Option to Purchase Common Stock						15K	Jun 2, 2021	Common Stock	15K	$137.44	Direct	F8

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Includes 11,000 shares of restricted stock, that vest according to the following schedule - 4,000 shares 1/4 of which 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; 3,000 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; 3,000 shares 1/3 of which vest on 6/7/2021, 1/3 vest on 6/7/2022 and 1/3 vest on 6/7/2023;and 1,000 shares that vest on 12/2/2021.
F2	Represents shares withheld by the Company to pay tax liability related to the vesting of restricted stock.
F3	Includes 13,000 shares of restricted stock, that vest according to the following schedule - 4,000 shares 1/4 of which 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; 3,000 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; 3,000 shares 1/3 of which vest on 6/7/2021, 1/3 vest on 6/7/2022 and 1/3 vest on 6/7/2023; 2,000 shares 1/5 of which 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;and 1,000 shares that vest on 12/2/2021.
F4	All these options to purchase Common Stock are exercisable except for 8,000 options that are subject to the following vesting schedule - 1/2 vest on 2/1/2022 and 1/2 vest on 2/1/2023.
F5	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.
F6	All these options to purchase Common Stock are exercisable except for 6,000 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.
F7	All these options to purchase Common Stock are exerciseable except for 9,000 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.
F8	All these options to purchase Common Stock are exerciseable except for 12,000 options that are subject to the following vesting schedule - 1/4 vest on 6/2/2022, 1/4 vest on 6/2/2032, 1/4 vest on 6/2/2024 and 1/4 vest on 6/2/2025.