Richard J. Edwards - 19 Aug 2022 Form 4 Insider Report for RBC Bearings INC (RBC)

Signature
/s/John J. Feeney/attorney in fact
Issuer symbol
RBC
Transactions as of
19 Aug 2022
Transactions value $
-$1,589,295
Form type
4
Filing time
22 Aug 2022, 16:56:41 UTC
Previous filing
09 Jun 2022
Next filing
05 Jun 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RBC Common Stock Options Exercise $398,560 +4,000 +34% $99.64 15,777 19 Aug 2022 Direct F1
transaction RBC Common Stock Options Exercise $199,160 +1,000 +6.3% $199.16 16,777 19 Aug 2022 Direct F1
transaction RBC Common Stock Options Exercise $528,480 +4,000 +24% $132.12 20,777 19 Aug 2022 Direct F1
transaction RBC Common Stock Options Exercise $575,680 +4,000 +19% $143.92 24,777 19 Aug 2022 Direct F1
transaction RBC Common Stock Sale -$3,291,174 -13,000 -52% $253.17 11,777 19 Aug 2022 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 -4,000 -100% $0* 0 19 Aug 2022 Common Stock 4,000 $99.64 Direct
transaction RBC Option to Purchase Common Stock Options Exercise $0 -4,000 -67% $0 2,000 19 Aug 2022 Common Stock 4,000 $132.12 Direct F2
transaction RBC Option to Purchase Common Stock Options Exercise $0 -4,000 -50% $0 4,000 19 Aug 2022 Common Stock 4,000 $143.92 Direct F3
transaction RBC Option to Purchase Common Stock Options Exercise $0 -1,000 -20% $0 4,000 19 Aug 2022 Common Stock 1,000 $199.16 Direct F4
holding RBC Option to Purchase Common Stock 4,000 19 Aug 2022 Common Stock 4,000 $199.1 Direct F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Includes 5,000 shares of restricted stock, which vest according to the following schedule - 600 shares that vest on 6/7/2023; 800 shares 1/2 of which vest on 6/3/2023 and 1/2 vest on 6/3/2024; 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 6/2/2026; 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.
F2 All these options to purchase Common Stock are exerciseable except for 2,000 options that vest on 6/7/2023.
F3 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.
F4 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.
F5 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.