Patrick S. Bannon - Apr 13, 2022 Form 4 Insider Report for RBC Bearings INC (RBC)

Role
V.P. and General Manager
Signature
/s/John J. Feeney/attorney in fact
Stock symbol
RBC
Transactions as of
Apr 13, 2022
Transactions value $
-$1,135,517
Form type
4
Date filed
4/13/2022, 05:15 PM
Previous filing
Dec 15, 2021
Next filing
Jun 6, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RBC Common Stock Sale -$1.14M -6.31K -33.37% $180.07 12.6K Apr 13, 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
holding RBC Option to Purchase Common Stock 8K Apr 13, 2022 Common Stock 8K $126.56 Direct F2
holding RBC Option to Purchase Common Stock 10K Apr 13, 2022 Common Stock 10K $132.12 Direct F3
holding RBC Option to Purchase Common Stock 15K Apr 13, 2022 Common Stock 15K $143.92 Direct F4
holding RBC Option to Purchase Common Stock 15K Apr 13, 2022 Common Stock 15K $137.44 Direct F5
holding RBC Option to Purchase Common Stock 5K Apr 13, 2022 Common Stock 5K $199.16 Direct F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Includes 11,000 shares of restricted stock, that vest according to the following schedule - 4,000 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; 3,000 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 1/2 of which vest on 6/7/2022 and 1/2 vest on 6/7/2023; 2,000 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.
F2 All these options to purchase Common Stock are exerciseable except for 4,000 options that vest on 2/1/2023.
F3 All these options to purchase Common Stock are exercisable except for 4,000 options that are subject to the following vesting schedule - 1/2 vest on 6/7/2022 and 1/2 vest on 6/7/2023.
F4 All these options to purchase Common Stock are exerciseable except for 9,000 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.
F5 All these options to purchase Common Stock are exerciseable except for 12,000 options that are subject to the following vesting schedule - 1/4 vest on 6/2/2022, 1/4 vest on 6/2/2032, 1/4 vest on 6/2/2024 and 1/4 vest on 6/2/2025.
F6 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.