Patrick S. Bannon - Nov 15, 2023 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
Nov 15, 2023
Transactions value $
-$1,436,349
Form type
4
Date filed
11/15/2023, 04:46 PM
Previous filing
Jun 9, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RBC Common Stock Options Exercise $502K +4K +32.32% $125.56 16.4K Nov 15, 2023 Direct F1
transaction RBC Common Stock Options Exercise $1.24M +9K +54.96% $137.44 25.4K Nov 15, 2023 Direct F1
transaction RBC Common Stock Sale -$3.18M -13K -51.23% $244.27 12.4K Nov 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 -4K -100% $0.00* 0 Nov 15, 2023 Common Stock 4K $126.56 Direct
transaction RBC Option to Purchase Common Stock Options Exercise $0 -9K -60% $0.00 6K Nov 15, 2023 Common Stock 9K $137.44 Direct F2
holding RBC Option to Purchase Common Stock 2K Nov 15, 2023 Common Stock 2K $132.12 Direct
holding RBC Option to Purchase Common Stock 15K Nov 15, 2023 Common Stock 15K $143.92 Direct F3
holding RBC Option to Purchase Common Stock 5K Nov 15, 2023 Common Stock 5K $199.16 Direct F4
holding RBC Option to Purchase Common Stock 2K Nov 15, 2023 Common Stock 2K $199.10 Direct F5
holding RBC Option to Purchase Common Stock 2K Nov 15, 2023 Common Stock 2K $199.51 Direct F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Includes 6,000 shares of restricted stock, that vest according to the following schedule - 2,000 shares 1/2 of which vest on 6/2/2024 and 1/2 vest on 6/2/2025; 1,000 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; 800 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 6,000 options that are subject to the following vesting schedule - 1/2 vest on 6/2/2024 and 1/2 vest on 6/2/2025.
F3 All these options to purchase Common Stock are exerciseable except for 3,000 options that vest on 6/3/2024.
F4 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.
F5 All these options to purchase Common Stock are exerciseable except for 1,600 options that are subject to the following vesting schedule - 1/4 vest on 6/3/2024, 1/5 vest on 6/3/2025, 1/5 vest on 6/3/2026 and 1/4 vest on 6/3/2027.
F6 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.