Eric S. McGinnis - May 12, 2021 Form 4 Insider Report for REGAL BELOIT CORP (RRX)

Role
Segment President*
Signature
/s/ Thomas E. Valentyn, as Power of Attorney
Stock symbol
RRX
Transactions as of
May 12, 2021
Transactions value $
-$1,555,305
Form type
4
Date filed
5/13/2021, 04:35 PM
Previous filing
May 11, 2021
Next filing
Aug 4, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RRX Common Stock Options Exercise $244K +3.13K +62.04% $78.15 8.16K May 12, 2021 Direct
transaction RRX Common Stock Options Exercise $283K +4.94K +60.46% $57.43 13.1K May 12, 2021 Direct
transaction RRX Common Stock Options Exercise $208K +2.58K +19.68% $80.70 15.7K May 12, 2021 Direct
transaction RRX Common Stock Options Exercise $151K +1.95K +12.45% $77.60 17.6K May 12, 2021 Direct
transaction RRX Common Stock Options Exercise $118K +1.44K +8.18% $81.81 19.1K May 12, 2021 Direct
transaction RRX Common Stock Options Exercise $124K +1.4K +7.35% $88.45 20.5K May 12, 2021 Direct
transaction RRX Common Stock Tax liability -$1.56M -10.7K -52.25% $145.41 9.77K May 12, 2021 Direct

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 RRX Stock Appreciation Rights Options Exercise -$244K -3.13K -100% $78.15 0 May 12, 2021 Common Stock 3.13K $78.15 Direct F1
transaction RRX Stock Appreciation Rights Options Exercise -$283K -4.94K -100% $57.43 0 May 12, 2021 Common Stock 4.94K $57.43 Direct F1
transaction RRX Stock Appreciation Rights Options Exercise -$208K -2.58K -80.01% $80.70 644 May 12, 2021 Common Stock 2.58K $80.70 Direct F1
transaction RRX Stock Appreciation Rights Options Exercise -$151K -1.95K -60.02% $77.60 1.3K May 12, 2021 Common Stock 1.95K $77.60 Direct F2
transaction RRX Stock Appreciation Rights Options Exercise -$118K -1.44K -40.02% $81.81 2.16K May 12, 2021 Common Stock 1.44K $81.81 Direct F2
transaction RRX Stock Appreciation Rights Options Exercise -$124K -1.4K -34.02% $88.45 2.72K May 12, 2021 Common Stock 1.4K $88.45 Direct F3
holding RRX Stock Appreciation Rights 2.34K May 12, 2021 Common Stock 2.34K $140.22 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Granted as stock-settled Stock Appreciation Rights ("SARs") under the 2013 Equity Incentive Plan. The SARs vest and become exercisable 40% on the second anniversary, 60% on the third anniversary, 80% on the fourth anniversary and 100% on the fifth anniversary of the date of the grant.
F2 Granted as stock-settled SARs under the 2018 Equity Incentive Plan. The SARs vest and become exercisable 40% on the second anniversary, 60% on the third anniversary, 80% on the fourth anniversary and 100% on the fifth anniversary of the date of the grant.
F3 Granted as stock-settled SARs under the 2018 Equity Incentive Plan. The SARs vest and become exercisable 34% on the first anniversary, 67% on the second anniversary and 100% on the third anniversary of the date of the grant.

Remarks:

*President, Industrial Systems Segment