Richard J. Edwards - Sep 14, 2023 Form 4 Insider Report for RBC Bearings INC (RBC)

Signature
/s/John J. Feeney/attorney in fact
Stock symbol
RBC
Transactions as of
Sep 14, 2023
Transactions value $
-$479,405
Form type
4
Date filed
9/15/2023, 05:57 PM
Previous filing
Jun 9, 2023
Next filing
May 28, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RBC Common Stock Options Exercise $159K +800 +6.55% $199.10 13K Sep 14, 2023 Direct F1
transaction RBC Common Stock Options Exercise $15.9K +80 +0.61% $199.16 13.1K Sep 14, 2023 Direct F1
transaction RBC Common Stock Sale -$211K -880 -6.72% $239.74 12.2K Sep 14, 2023 Direct F1
transaction RBC Common Stock Options Exercise $183K +920 +7.53% $199.16 13.1K Sep 15, 2023 Direct F1
transaction RBC Common Stock Options Exercise $288K +2K +15.22% $143.92 15.1K Sep 15, 2023 Direct F1
transaction RBC Common Stock Options Exercise $264K +2K +13.21% $132.12 17.1K Sep 15, 2023 Direct F1
transaction RBC Common Stock Sale -$1.18M -4.92K -28.7% $239.63 12.2K Sep 15, 2023 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 -2K -100% $0.00* 0 Sep 15, 2023 Common Stock 2K $132.12 Direct
transaction RBC Option to Purchase Common Stock Options Exercise $0 -2K -50% $0.00 2K Sep 15, 2023 Common Stock 2K $143.92 Direct F2
transaction RBC Option to Purchase Common Stock Options Exercise $0 -80 -2% $0.00 3.92K Sep 14, 2023 Common Stock 80 $199.16 Direct F3
transaction RBC Option to Purchase Common Stock Options Exercise $0 -920 -23.47% $0.00 3K Sep 15, 2023 Common Stock 920 $199.16 Direct F3
transaction RBC Option to Purchase Common Stock Options Exercise $0 -800 -20% $0.00 3.2K Sep 14, 2023 Common Stock 800 $199.10 Direct F4
holding RBC Option to Purchase Common Stock 2K Sep 14, 2023 Common Stock 2K $199.51 Direct F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Includes 4,200 shares of restricted stock, which vest according to the following schedule - 400 shares that vest on 6/3/2024; 1,200 shares 1/3 of which vest on 6/3/2024, 1/3 vest on 6/3/2025 and 1/3 vest on 6/3/2026; 1,600 shares 1/4 of which vest on 6/3/2024, 1/4 vest on 6/3/2025, 1/4 vest on 6/3/2026 and 1/4 vest on 6/3/2027; and 1,000 shares 1/5 of which vest on 6/1/2024, 1/5 vest on 6/1/2025, 1/5 vest on 6/1/2026, 1/5 vest on 6/1/2027 and 1/5 vest on 6/1/2028.
F2 All these options to purchase Common Stock are exerciseable except for 2,000 options that vest on 6/3/2024.
F3 All these options to purchase Common Stock are exerciseable except for 3,000 options that are subject to the following vesting schedule - 1/3 vest on 6/3/2024, 1/3 vest on 6/3/2025 and 1/3 vest on 6/3/2026.
F4 All these options to purchase Common Stock are exerciseable except for 3,200 options that are subject to the following vesting schedule - 1/4 vest on 6/3/2024, 1/4 vest on 6/3/2025, 1/4 vest on 6/3/2026 and 1/4 vest on 6/3/2027.
F5 These options to purchase Common Stock are subject to the following vesting schedule - 1/5 vest on 6/1/2024, 1/5 vest on 6/1/2025, 1/5 vest on 6/1/2026, 1/5 vest on 6/1/2027 and 1/5 vest on 6/1/2028.