Patrick S. Bannon - 07 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
07 Jun 2022
Net transactions value
-$62,514
Form type
4
Filing time
09 Jun 2022, 16:53:42 UTC
Previous filing
06 Jun 2022
Next filing
10 Aug 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RBC Common Stock Tax liability $62,514 -314 -2.4% $199.09 12,515 07 Jun 2022 Direct F1, F2

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
holding RBC Option to Purchase Common Stock 8,000 07 Jun 2022 Common Stock 8,000 $126.56 Direct F3
holding RBC Option to Purchase Common Stock 10,000 07 Jun 2022 Common Stock 10,000 $132.12 Direct F4
holding RBC Option to Purchase Common Stock 15,000 07 Jun 2022 Common Stock 15,000 $143.92 Direct F5
holding RBC Option to Purchase Common Stock 15,000 07 Jun 2022 Common Stock 15,000 $137.44 Direct F6
holding RBC Option to Purchase Common Stock 5,000 07 Jun 2022 Common Stock 5,000 $199.16 Direct F7
holding RBC Option to Purchase Common Stock 2,000 07 Jun 2022 Common Stock 2,000 $199.10 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 8,600 shares of restricted stock, that vest according to the following schedule - 3,000 shares 1/3 of which vest on 6/2/2023, 1/3 vest on 6/2/2024 and 1/3 vest on 6/2/2025; 2,000 shares 1/2 of which vest on 6/3/2023 and 1/2 vest on 6/3/2024; 1,000 shares that vest on 6/7/2023; 1,600 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 1,000 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.
F3 All these options to purchase Common Stock are exerciseable except for 4,000 options that vest on 2/1/2023.
F4 All these options to purchase Common Stock are exercisable except for 2,000 options that vest on 6/7/2023.
F5 All these options to purchase Common Stock are exerciseable except for 6,000 options that are subject to the following vesting schedule - 1/2 vest on 6/3/2023 and 1/2 vest on 6/3/2024.
F6 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 6/2/2023, 1/3 vest on 6/2/2024 and 1/4 vest on 6/2/2025.
F7 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.
F8 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.