Richard J. Edwards - 03 Jun 2022 Form 4 Insider Report for RBC Bearings INC (RBC)

Signature
/s/John J. Feeney/attorney in fact
Issuer symbol
RBC
Transactions as of
03 Jun 2022
Transactions value $
$-49,298
Form type
4
Filing time
06 Jun 2022, 17:44:38 UTC
Previous filing
09 Jun 2021
Next filing
09 Jun 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RBC Common Stock Tax liability $-49,298 -250 -2.45% $197.19 9,966 03 Jun 2022 Direct F1, F2
transaction RBC Common Stock Award $0 +2,000 +20.1% $0.000000 11,966 03 Jun 2022 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 +4,000 $0.000000 4,000 03 Jun 2022 Common Stock 4,000 $199.10 Direct F4
holding RBC Option to Purchase Common Stock 2,000 03 Jun 2022 Common Stock 2,000 $72.94 Direct
holding RBC Option to Purchase Common Stock 8,000 03 Jun 2022 Common Stock 8,000 $99.64 Direct F5
holding RBC Option to Purchase Common Stock 8,000 03 Jun 2022 Common Stock 8,000 $132.12 Direct F6
holding RBC Option to Purchase Common Stock 10,000 03 Jun 2022 Common Stock 10,000 $143.92 Direct F7
holding RBC Option to Purchase Common Stock 5,000 03 Jun 2022 Common Stock 5,000 $199.16 Direct F8
* 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 3,600 shares of restricted stock, which vest according to the following schedule - 200 shares 1/2 of which vest on 6/7/2022 and 1/2 vest on 6/7/2023; 600 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; 2,000 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; and 800 shares 1/4 of which vest on 6/3/2023, 1/4 vest on 6/3/2024, 1/4 vest on 6/3/2025 and 1/4 vest on 6/3/2026.
F3 Includes 5,600 shares of restricted stock, which vest according to the following schedule - 200 shares 1/2 of which vest on 6/7/2022 and 1/2 vest on 6/7/2023; 600 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; 2,000 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; 800 shares 1/4 of which vest on 6/3/2023, 1/4 vest on 6/3/2024, 1/4 vest on 6/3/2025 and 1/4 vest on 6/3/2026; and 2,000 shares 1/5 of which vest on 6/3/2023, 1/5 vest on 6/3/2024, 1/5 vest on 6/3/2025, 1/5 vest on 6/3/2026 and 1/5 vest on 6/3/2027.
F4 These options to purchase Common Stock are subject to the following vesting schedule - 1/5 vest on 6/3/2023, 1/5 vest on 6/3/2024, 1/5 vest on 6/3/2025, 1/5 vest on 6/3/2026 and 1/5 vest on 6/3/2027.
F5 All these options to purchase Common Stock are exerciseable except for 4,000 options that vest on 6/27/2022.
F6 All these options to purchase Common Stock are exerciseable except for 4,000 options that are subject to the following vesting schedule - 1/2 vest on 6/7/2022 and 1/2 vest on 6/7/2023.
F7 All these options to purchase Common Stock are exerciseable except for 4,000 options that are subject to the following vesting schedule - 1/2 vest on 6/3/2023 and 1/2 vest on 6/3/2024.
F8 All these options to purchase Common Stock are exerciseable except for 4,000 options that are subject to the following vesting schedule - 1/4 vest on 6/3/2023, 1/4 vest on 6/3/2024, 1/4 vest on 6/3/2025 and 1/4 vest on 6/3/2026.