SEC Form 4 · accession 0001593968-18-000857

RBC Bearings INC · RBC

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

Reporting owner

Michael J Hartnett

Officer — President and CEO · Director

Period of report

Jun 1, 2018

Accepted (ET)

Jun 5, 2018 · 4:58 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
Common Stock^F1,F2,F3	Jun 1, 2018	M	17,792	$64.15	A	541,908	D
Common Stock^F1,F2,F3	Jun 1, 2018	S	17,792	$128.3871	D	524,116	D
Common Stock^F1,F2,F3	Jun 1, 2018	M	32,000	$72.83	A	556,116	D
Common Stock^F1,F2,F3	Jun 1, 2018	S	32,000	$128.3871	D	524,116	D
Common Stock^F1,F2,F3	Jun 1, 2018	M	11,651	$72.94	A	535,767	D
Common Stock^F1,F2,F3	Jun 1, 2018	S	11,651	$128.3871	D	524,116	D
Common Stock^F1,F2,F3	Jun 4, 2018	M	8,349	$72.94	A	532,465	D
Common Stock^F1,F2,F3	Jun 4, 2018	S	11,615	$128.1228	D	520,850	D
Common Stock^F1,F2,F3	Jun 5, 2018	S	32,144	$128.3227	D	488,706	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 Stock^F5	$64.15	Jun 1, 2018	M	17,792	D	Jul 1, 2015	Jul 1, 2021	Common Stock	17,792	40,000	D
Option to Purchase Common Stock^F6	$72.83	Jun 1, 2018	M	32,000	D	Jul 1, 2016	Jul 1, 2022	Common Stock	32,000	48,000	D
Option to Purchase Common Stock^F7	$72.94	Jun 1, 2018	M	11,651	D	Jul 8, 2017	Jul 8, 2023	Common Stock	11,651	88,349	D
Option to Purchase Common Stock^F7	$72.94	Jun 4, 2018	M	8,349	D	Jul 8, 2017	Jul 8, 2023	Common Stock	8,349	80,000	D
Option to Purchase Common Stock^F8	$51.08	holding	—	—	—	Jun 14, 2014	Jun 14, 2020	Common Stock	20,000	20,000	D
Option to Purchase Common stock^F9	$99.64	holding	—	—	—	Jun 27, 2018	Jun 27, 2024	Common Stock	80,000	80,000	D

Explanation of responses

F113,067 shares of the reported Common Stock are Restricted Shares. The Restrictions lapse 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.
F233,567 shares of the reported Common Stock are Restricted Shares. The Restrictions lapse in accordance with the following schedule 1/2 vest on 7/8/2018, 1/2 vest on 7/8/2019. 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.
F339,200 shares of the reported Common Stock are Restricted Shares. The Restrictions lapse in accordance with the following schedule 1/3 vest on 6/27/2018, 1/3 vest on 6/27/2019, 1/3 vest on 6/27/2020. 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.
F4Sold pursuant to a 10b5-1 plan established on 12/20/2017.
F5Options to purchase shares of Common Stock are subject to the following vesting schedule- 1/2 vest on 7/1/2018 and 1/2 vest on 7/1/2019. Options expire 7 years from grant date
F6Options to purchase shares of Common Stock are subject to the following vesting schedule- 1/3 vest on 7/1/2018, 1/3 vest on 7/1/2019 and 1/3 vest on 7/1/2020. Options expire 7 years from grant date.
F7Options to purchase shares of Common Stock are subject to the following vesting schedule- 1/4 vest on 7/8/2018, 1/4 vest on 7/8/2019, 1/4 vest on 7/8/2020 and 1/4 vest on 7/8/2021. Options expire 7 years from grant date.
F8Options to purchase shares of Common Stock vest on 6/14/2018. Options expire 7 years from grant date.
F9Options to purchase shares of Common Stock are subject to the following vesting schedule- 1/5 vest on 6/27/2018, 1/5 vest on 6/27/2019, 1/5 vest on 6/27/2020, 1/5 vest on 6/27/2021 and 1/5 vest on 6/27/2022. Options expire 7 years from grant date.