Michael J. Hartnett - Jun 3, 2024 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
Jun 3, 2024
Transactions value $
-$5,189,546
Form type
4
Date filed
6/5/2024, 05:29 PM
Previous filing
May 28, 2024
Next filing
Sep 11, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RBC Common Stock Tax liability -$5.19M -17.6K -5.66% $295.28 293K Jun 3, 2024 Direct F1, F2

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 45.6K Jun 3, 2024 Common Stock 45.6K $143.92 Direct
holding RBC Option to Purchase Common Stock 47.1K Jun 3, 2024 Common Stock 47.1K $137.44 Direct F3
holding RBC Option to Purchase Common Stock 76K Jun 3, 2024 Common Stock 76K $199.16 Direct F4
* 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 48,297 shares of restricted stock, which vest according to the following schedule; 10,020 shares that vest on 6/3/2025; 21,110 shares 1/2 of which vest on 6/1/2025 and 1/2 vest on 6/1/2026; and 17,167 shares 1/3 of which vest on 5/23/2025, 1/3 vest on 5/23/2026 and 1/3 vest on 5/23/2027.
F3 All these options to purchase Common Stock are exerciseable except for 11,778 options that vest on 6/2/2025.
F4 All these options to purchase Common Stock are exerciseable except for 30,400 options that are subject to the following vesting schedule - 1/2 vest on 6/3/2025 and 1/2 vest on 6/3/2026.