Cheryl Lewis - Oct 15, 2021 Form 4 Insider Report for REGAL REXNORD CORP (RRX)

Role: Vice President, CHRO*
Signature: /s/ Thomas E. Valentyn, as Power of Attorney
Stock symbol: RRX
Transactions as of: Oct 15, 2021
Transactions value $: $891
Form type: 4
Date filed: 10/19/2021, 05:36 PM
Next filing: Jan 19, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	RRX	Common Stock	Award	$891	+6.18	+0.18%	$144.25	3.54K	Oct 15, 2021	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	RRX	Stock Appreciation Rights						5.05K	Oct 15, 2021	Common Stock	5.05K	$77.18	Direct	F3, F4
holding	RRX	Stock Appreciation Rights						2.98K	Oct 15, 2021	Common Stock	2.98K	$133.77	Direct	F3, F4

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Represents additional restricted stock units credited to the reporting person under the dividend equivalent reinvestment provision of the reporting person's outstanding restricted stock unit awards as a result of a quarterly dividend payment. The additional restricted stock units resulting from the dividend equivalent reinvestment are subject to the same terms and conditions, including vesting, as the outstanding restricted stock unit awards to which they are attributable.
F2	The number of shares of common stock subject to the reporting person's restricted stock unit awards was increased by 130 shares to preserve the intrinsic value of such awards following the payment of a special dividend that took place in connection with the transactions ("Transactions") set forth in that certain Agreement and Plan of Merger, dated as of February 15, 2021, by and among Regal Beloit Corporation, Rexnord Corporation, Land Newco, Inc., and Phoenix 2021, Inc. The total number of shares beneficially owned by the reporting person has been updated to reflect the adjustment.
F3	The number of shares of common stock subject to the reporting person's stock appreciation rights awards was increased, and the per share strike price of such awards was decreased, to preserve the intrinsic value of such awards following the payment of a special dividend that took place in connection with the Transactions. The total number of shares subject to, and the per share strike price of, such awards, has been updated to reflect the adjustment.
F4	Granted as stock-settled stock appreciation rights under the 2018 Equity Incentive Plan. The stock appreciation rights 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:

*Chief Human Resources Officer