Eric S. McGinnis - Aug 2, 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
Aug 2, 2021
Transactions value $
$560
Form type
4
Date filed
8/4/2021, 06:53 PM
Previous filing
May 13, 2021
Next filing
Aug 11, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % Price $ Shares After Date Ownership Footnotes
holding RRX Common Stock 9.77 K Aug 2, 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 Call Options Purchase $3.08 K +5.6 K $0.55 5.6 K Aug 4, 2021 Common Stock 5.6 K $155.00 Direct
transaction RRX Call Options Sale -$2.52 K -5.6 K -100% $0.45 0 Aug 2, 2021 Common Stock 5.6 K $155.00 Direct
holding RRX Stock Appreciation Rights 644 Aug 2, 2021 Common Stock 644 $80.70 Direct F1
holding RRX Stock Appreciation Rights 1.3 K Aug 2, 2021 Common Stock 1.3 K $77.60 Direct F2
holding RRX Stock Appreciation Rights 2.16 K Aug 2, 2021 Common Stock 2.16 K $81.81 Direct F2
holding RRX Stock Appreciation Rights 2.72 K Aug 2, 2021 Common Stock 2.72 K $88.45 Direct F3
holding RRX Stock Appreciation Rights 2.34 K Aug 2, 2021 Common Stock 2.34 K $140.22 Direct F3

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