SEC Form 4 · accession 0001144204-15-054672
RBC Bearings INC · RBC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Daniel A Bergeron
Officer — VP and CFO · Director
Period of report
Sep 11, 2015
Accepted (ET)
Sep 11, 2015 · 4:56 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001324948
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF4,F7,F9,F11 | Sep 11, 2015 | M | 20,000 | $20.37 | A | 48,770 | D | |
| Common StockF4,F7,F9,F11 | Sep 11, 2015 | S | 20,000 | $60.38 | D | 28,770 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Option to purchase Common StockF2 | $20.37 | Sep 11, 2015 | M | 20,000 | D | Nov 11, 2009 | Nov 11, 2015 | Common Stock | 20,000 | 0 | D |
| Option to Purchase Common StockF12 | $72.83 | Jul 1, 2015 | A | 25,000 | A | Jul 1, 2015 | Jul 1, 2022 | Common Stock | 25,000 | 25,000 | D |
| Option to purchase Common StockF1 | $31.91 | holding | — | — | — | Feb 12, 2009 | Aug 12, 2015 | Common Stock | 20,000 | 20,000 | D |
| Option to purchase Common StockF3 | $22.73 | holding | — | — | — | Nov 16, 2010 | Nov 16, 2016 | Common Stock | 20,000 | 20,000 | D |
| Option to Purchase Common StockF5 | $37.66 | holding | — | — | — | Oct 6, 2012 | Oct 6, 2018 | Common Stock | 20,000 | 20,000 | D |
| Option to Purchase Common StockF6 | $44.60 | holding | — | — | — | Jun 4, 2013 | Jun 4, 2019 | Common Stock | 20,000 | 20,000 | D |
| Option to Purchase Common StockF8 | $51.08 | holding | — | — | — | Jun 14, 2014 | Jun 14, 2020 | Common Stock | 20,000 | 20,000 | D |
| Option to Purchase Common StockF10 | $64.15 | holding | — | — | — | Jul 1, 2015 | Jul 1, 2021 | Common Stock | 20,000 | 20,000 | D |
Explanation of responses
- F1Options to purchase shares of common stock are subject to the following vesting schedule: 1/5 vest on 2/12/09, 1/5 vest on 2/12/10, 1/5 vest on 2/12/11, 1/5 vest on 2/12/12 and 1/5 vest on 2/12/13. On 2/11/2015, the expiration period of these options was extended until 8/12/2015.
- F10Options to purchase shares of Common Stock are subject to the following vesting schedule: 1/5 vest on 7-1/2015, 1/5 vest on 7-1/2016, 1/5 vest on 7-1/2017, 1/5 vest on 7-1/2018 and 1/5 vest on 7-1/2019. Options expire 7 years from grant date.
- F115,000 shares of the reported Common Stock are Restricted Shares. The Restrictions lapse in accordance with the following schedule: 1/3 vest on 7/1/2016, 1/3 vest on 7/1/2017, 1/3 vest on 7/1/2018. Unvested shares of Restricted Stock (i) may be immediately forfeited to the Company at the time the grantee ceases to be an officer or employee of, or otherwise perform services for, the Company or its subsidiaries under certain circumstances or (ii) may lapse upon the happening of certain events.
- F12Options to purchase shares of Common Stock are subject to the following vesting schedule: 1/5 vest on 7/1/2016, 1/5 vest on 7/1/2017, 1/5 vest on 7/1/2018, 1/5 vest on 7/1/2019 and 1/5 vest on 7/1/2020. Options expire 7 years from grant date.
- F2Options to purchase shares of common stock are subject to the following vesting schedule: 1/3 vested on 11/11/09, 1/3 vest on 11/11/10 and 1/3 vest on 11/11/11.
- F3Options to purchase shares of Common Stock are subject to the following vesting schedule: 1/5 vest on 11/16/2010, 1/5 vest on 11/16/2011, 1/5 vest on 11/16/2012, 1/5 vest on 11/16/2013 and 1/5 vest on 11/16/2014
- F43000 shares of the reported Common Stock are Restricted Shares. The Restrictions lapse in accordance with the following schedule: 1/2 lapse on 10/06/2015 and 1/2 lapse on 10/06/2016. Unvested shares of Restricted Stock (i) may be immediately forfeited to the Company at the time the grantee ceases to be an officer or employee of, or otherwise perform services for, the Company or its subsidiaries under certain circumstances or (ii) may lapse upon the happening of certain events.
- F5Options to purchase shares of Common Stock are subject to the following vesting schedule: 1/5 vest on 10/06/2012, 1/5 vest on 10/06/2013, 1/5 vest on 10/06/2014, 1/5 vest on 10/06/2015 and 1/5 vest on 10/06/2016. Options expire 7 years from grant date.
- F6Options to purchase shares of Common Stock are subject to the following vesting schedule: 1/5 vest on 6/4/2013, 1/5 vest on 6/4/2014, 1/5 vest on 6/4/2015, 1/5 vest on 6/4/2016 and 1/5 vest on 6/4/2017. Options expire 7 years from grant date.
- F71,333 shares of the reported Common Stock are Restricted Shares. The Restrictions lapse on 6/14/2016. Unvested shares of Restricted Stock (i) may be immediately forfeited to the Company at the time the grantee ceases to be an officer or employee of, or otherwise perform services for, the Company or its subsidiaries under certain circumstances or (ii) may lapse upon the happening of certain events.
- F8Options to purchase shares of Common Stock are subject to the following vesting schedule: 1/5 vest on 6/14/2014, 1/5 vest on 6/14/2015, 1/5 vest on 6/14/2016, 1/5 vest on 6/14/2017 and 1/5 vest on 6/14/2018. Options expire 7 years from grant date.
- F92,667 shares of the reported Common Stock are Restricted Shares. The Restrictions lapse in accordance with the following schedule: 1/2 vest on 7-1/2016, 1/2 vest on 7-1/2017. Unvested shares of Restricted Stock (i) may be immediately forfeited to the Company at the time the grantee ceases to be an officer or employee of, or otherwise perform services for, the Company or its subsidiaries under certain circumstances or (ii) may lapse upon the happening of certain events.