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RBC Bearings INC — Director's Dealing 2021
Jun 4, 2021
30511_dirs_2021-06-04_2e918c28-eba4-4357-aed2-6b8fb09e7a6a.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: RBC Bearings INC (ROLL)
CIK: 0001324948
Period of Report: 2021-06-02
Reporting Person: Bannon Patrick S. (N/A)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2021-06-02 | Common Stock | M | 12000 | $126.56 | Acquired | 30583 | Direct |
| 2021-06-02 | Common Stock | S | 12000 | $196.9065 | Disposed | 18583 | Direct |
| 2021-06-02 | Common Stock | F | 309 | $198.24 | Disposed | 18274 | Direct |
| 2021-06-03 | Common Stock | F | 459 | $197.08 | Disposed | 17815 | Direct |
| 2021-06-03 | Common Stock | A | 2000 | — | Acquired | 19815 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2021-06-02 | Option to Purchase Common Stock | $126.56 | M | 12000 | Disposed | 2025-02-01 | Common Stock (12000) | Direct |
| 2021-06-03 | Option to Purchase Common Stock | $199.16 | A | 5000 | Acquired | 2028-06-03 | Common Stock (5000) | Direct |
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Option to Purchase Common Stock | $132.12 | 2025-06-07 | Common Stock (10000) | 10000 | Direct |
| Option to Purchase Common Stock | $143.92 | 2026-06-03 | Common Stock (15000) | 15000 | Direct |
| Option to Purchase Common Stock | $137.44 | 2027-06-02 | Common Stock (15000) | 15000 | Direct |
Footnotes
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; 3,000 shares 1/3 of which vest on 6/7/2021, 1/3 vest on 6/7/2022 and 1/3 vest on 6/7/2023;and 1,000 shares that vest on 12/2/2021.
F2: Represents shares withheld by the Company to pay tax liability related to the vesting of restricted stock.
F3: Includes 13,000 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; 3,000 shares 1/3 of which vest on 6/7/2021, 1/3 vest on 6/7/2022 and 1/3 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;and 1,000 shares that vest on 12/2/2021.
F4: All these options to purchase Common Stock are exercisable except for 8,000 options that are subject to the following vesting schedule - 1/2 vest on 2/1/2022 and 1/2 vest on 2/1/2023.
F5: 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.
F6: All these options to purchase Common Stock are exercisable except for 6,000 options that are subject to the following vesting schedule - 1/3 vest on 6/7/2021, 1/3 vest on 6/7/2022 and 1/3 vest on 6/7/2023.
F7: 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.
F8: 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.