Robert M. Sullivan - Jun 2, 2021 Form 4 Insider Report for RBC Bearings INC (RBC)

Role
Vice President and CFO
Signature
/s/John J. Feeney/attorney in fact
Stock symbol
RBC
Transactions as of
Jun 2, 2021
Transactions value $
-$42,946
Form type
4
Date filed
6/4/2021, 09:03 PM
Next filing
Jun 9, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RBC Common Stock Tax liability -$30.7K -155 -3.22% $198.24 4.67K Jun 2, 2021 Direct F1, F2
transaction RBC Common Stock Tax liability -$12.2K -62 -1.33% $197.08 4.6K Jun 3, 2021 Direct F1, F2
transaction RBC Common Stock Award $0 +1K +21.72% $0.00 5.6K Jun 3, 2021 Direct F3

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 Award $0 +5K $0.00 5K Jun 3, 2021 Common Stock 5K $199.16 Direct F4
holding RBC Option to Purchase Common Stock 800 Jun 2, 2021 Common Stock 800 $99.64 Direct F5
holding RBC Option to Purchase Common Stock 3K Jun 2, 2021 Common Stock 3K $132.12 Direct F6
holding RBC Option to Purchase Common Stock 5.6K Jun 2, 2021 Common Stock 5.6K $143.92 Direct F7
holding RBC Option to Purchase Common Stock 10K Jun 2, 2021 Common Stock 10K $137.44 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 2,900 shares of restricted stock, which vest according to the following schedule - 300 shares 1/3 of which vest on 6/7/2021, 1/3 vest on 6/7/2022 and 1/3 vest on 6/7/2023; 600 shares 1/3 of which vest on 6/3/2022, 1/3 vest on 6/3/2023 and 1/3 vest on 6/3/2024; and 2,000 shares 1/4 of which vest on 6/2/2022, 1/4 vest on 6/2/2023, 1/4 vest on 6/2/2024 and 1/4 vest on 6/2/2025.
F3 Includes 3,900 shares of restricted stock, which vest according to the following schedule - 300 shares 1/3 of which vest on 6/7/2021, 1/3 vest on 6/7/2022 and 1/3 vest on 6/7/2023; 600 shares 1/3 of which vest on 6/3/2022, 1/3 vest on 6/3/2023 and 1/3 vest on 6/3/2024; 2,000 shares 1/4 of which vest on 6/2/2022, 1/4 vest on 6/2/2023, 1/4 vest on 6/2/2024 and 1/4 vest on 6/2/2025; and 1,000 shares 1/5 of which vest on 6/3/2022, 1/5 vest on 6/3/2023, 1/5 vest on 6/3/2024, 1/5 vest on 6/3/2025 and 1/5 vest on 6/3/2026.
F4 These options to purchase Common Stock are subject to the following vesting schedule - 1/5 vest on 6/3/2022, 1/5 vest on 6/3/2023, 1/5 vest on 6/3/2024, 1/5 vest on 6/3/2025 and 1/5 vest on 6/3/2026.
F5 These options to purchase Common Stock are subject to the following vesting schedule - 1/2 vest on 6/27/2021 and 1/2 vest on 6/27/2022.
F6 These options to purchase Common Stock are subject to the following vesting schedule - 1/3 vest on 6/7/2021, 1/3 vest on 6/7/2022 and 1/3 vest on 6/7/2023.
F7 All these options to purchase Common Stock are exerciseable except for 4,200 options that are subject to the following vesting schedule - 1/3 vest on 6/3/2022, 1/3 vest on 6/3/2023 and 1/3 vest on 6/3/2024.
F8 All these options to purchase Common Stock are exerciseable except for 8,000 options that are subject to the following vesting schedule - 1/4 vest on 6/2/2022, 1/4 vest on 6/2/2023, 1/4 vest on 6/2/2024 and 1/4 vest on 6/2/2025.