Michael J. Hartnett - Aug 16, 2022 Form 4 Insider Report for RBC Bearings INC (RBC)

Role
President and CEO, Director
Signature
/s/John J. Feeney/attorney in fact
Stock symbol
RBC
Transactions as of
Aug 16, 2022
Transactions value $
-$1,518,894
Form type
4
Date filed
8/18/2022, 05:24 PM
Previous filing
Jun 6, 2022
Next filing
Nov 30, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RBC Common Stock Options Exercise $511K +7K +2.38% $72.94 301K Aug 16, 2022 Direct F1
transaction RBC Common Stock Sale -$1.82M -7K -2.32% $260.31 294K Aug 16, 2022 Direct F1
transaction RBC Common Stock Options Exercise $73.4K +1.01K +0.34% $72.94 295K Aug 17, 2022 Direct F1
transaction RBC Common Stock Sale -$262K -1.01K -0.34% $260.45 294K Aug 17, 2022 Direct F1
transaction RBC Common Stock Options Exercise $7.29K +100 +0.03% $72.94 294K Aug 18, 2022 Direct F1
transaction RBC Common Stock Sale -$26K -100 -0.03% $260.00 294K Aug 18, 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
transaction RBC Option to Purchase Common Stock Options Exercise $0 -7K -35% $0.00 13K Aug 16, 2022 Common Stock 7K $72.94 Direct
transaction RBC Option to Purchase Common Stock Options Exercise $0 -1.01K -7.74% $0.00 12K Aug 17, 2022 Common Stock 1.01K $72.94 Direct
transaction RBC Option to Purchase Common Stock Options Exercise $0 -100 -0.83% $0.00 11.9K Aug 18, 2022 Common Stock 100 $72.94 Direct
holding RBC Option to Purchase Common stock 32K Aug 16, 2022 Common Stock 32K $99.64 Direct
holding RBC Option to Purchase Common Stock 30.4K Aug 16, 2022 Common Stock 30.4K $132.12 Direct F2
holding RBC Option to Purchase Common Stock 45.6K Aug 16, 2022 Common Stock 45.6K $143.92 Direct F3
holding RBC Option to Purchase Common Stock 47.1K Aug 16, 2022 Common Stock 47.1K $137.44 Direct F4
holding RBC Option to Purchase Common Stock 76K Aug 16, 2022 Common Stock 76K $199.16 Direct F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Includes 73,788 shares of restricted stock, which vest according to the following schedule; 9,034 shares that vest on 6/2/2023; 34,694 shares 1/2 of which vest on 6/3/2023 and 1/2 vest on 6/3/2024; and 30,060 shares 1/3 of which vest on 6/3/2023, 1/3 vest on 6/3/2024 and 1/3 vest on 6/3/2025.
F2 All these options to purchase Common Stock are exercisable except for 15,200 options that vest on 6/7/2023.
F3 All these options to purchase Common Stock are exerciseable except for 30,400 options that subject to the following vesting schedule - 1/2 vest on 6/3/2023 and 1/2 vest on 6/3/2024.
F4 All these options to purchase Common Stock are exerciseable except for 35,335 options that are subject to the following vesting schedule - 1/3 vest on 6/2/2023, 1/3 vest on 6/2/2024 and 1/3 vest on 6/2/2025.
F5 All these options to purchase Common Stock are exerciseable except for 60,800 options that are subject to the following vesting schedule - 1/4 vest on 6/3/2023, 1/4 vest on 6/3/2024, 1/4 vest on 6/3/2025 and 1/4 vest on 6/3/2026.