AI assistant
REGAL REXNORD CORP — Director's Dealing 2015
Feb 24, 2015
30628_dirs_2015-02-24_3c1d9151-5874-41ec-ade5-fe05a9e46155.zip
Director's Dealing
Open in viewerOpens in your device viewer
SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: REGAL BELOIT CORP (RBC)
CIK: 0000082811
Period of Report: 2015-02-20
Reporting Person: Schlemmer Jonathan J (Chief Operating Officer)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2015-02-20 | Common Stock | M | 8000 | $36.36 | Acquired | 33693 | Direct |
| 2015-02-20 | Common Stock | S | 5094 | $77.8311 | Disposed | 28599 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2015-02-20 | Non-Qualified Stock Option | $36.36 | M | 8000 | Disposed | 2016-01-27 | Common Stock (8000.0) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 860 | Indirect |
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Stock Appreciation Rights | $44.12 | 2017-05-01 | Common Stock (6000.0) | 6000 | Direct |
| Stock Appreciation Rights | $42.28 | 2018-05-02 | Common Stock (6000.0) | 6000 | Direct |
| Stock Appreciation Rights | $42.65 | 2019-05-08 | Common Stock (6000.0) | 6000 | Direct |
| Stock Appreciation Rights | $61.36 | 2020-05-05 | Common Stock (6000.0) | 6000 | Direct |
| Stock Appreciation Rights | $72.29 | 2021-05-04 | Common Stock (16500.0) | 16500 | Direct |
| Stock Appreciation Rights | $63.56 | 2022-05-03 | Common Stock (26000.0) | 26000 | Direct |
| Stock Appreciation Rights | $64.99 | 2023-05-02 | Common Stock (16200.0) | 16200 | Direct |
| Stock Appreciation Rights | $75.76 | 2024-05-07 | Common Stock (14800.0) | 14800 | Direct |
Footnotes
F1: The price in Column 4 is a weighted average price. The prices actually received ranged from $77.819 to $77.841. The reporting person has provided to the issuer, and will provide to any security holder of the issuer, or the SEC staff, upon request, information regarding the number of shares sold at each price within the range for all transactions reported in this Form 4 utilizing an average weighted price.
F2: Balance reflects the most current data available with regard to holdings in the Regal Beloit Corporation Retirement Savings Plan.
F3: Granted as non-qualified stock options. The options vest and become exercisable 40% on the second anniversary of the date of grant, 60% on the third anniversary, 80% on the fourth anniversary and 100% on the fifth anniversary.
F4: Granted as stock-settled Stock Appreciation Rights (SARs) under the 2007 Equity Incentive Plan. The SARs vest and become exercisable 40% on the second anniversary of the date of grant, 60% on the third anniversary, 80% on the fourth anniversary and 100% on the fifth anniversary.
F5: Granted as stock-settled SARs under the 2013 Equity Inventive Plan. The SARs vest and become exercisable 40% on the second anniversary of the date of grant, 60% on the third anniversary, 80% on the fourth anniversary and 100% on the fifth anniversary.