SEC Form 4 · accession 0001593968-18-001245

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

Sep 20, 2018

Accepted (ET)

Sep 24, 2018 · 5:03 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	Sep 20, 2018	M	2,029	$72.94	A	375,841	D
Common Stock^F1,F2,F3	Sep 20, 2018	S	2,029	$152.3909	D	373,812	D
Common Stock^F1,F2,F3	Sep 20, 2018	M	4,571	$99.64	A	378,383	D
Common Stock^F1,F2,F3	Sep 20, 2018	S	4,571	$152.3909	D	373,812	D
Common Stock^F1,F2,F3	Sep 21, 2018	M	11,429	$99.64	A	385,241	D
Common Stock^F1,F2,F3	Sep 21, 2018	S	11,429	$153.3087	D	373,812	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^F4	$72.94	Sep 20, 2018	M	2,029	D	Jul 8, 2017	Jul 8, 2023	Common Stock	2,029	60,000	D
Option to Purchase Common stock^F5	$99.64	Sep 20, 2018	M	4,571	D	Jun 27, 2018	Jun 27, 2024	Common Stock	4,571	75,429	D
Option to Purchase Common stock^F5	$99.64	Sep 21, 2018	M	11,429	D	Jun 27, 2018	Jun 27, 2024	Common Stock	11,429	64,000	D
Option to Purchase Common Stock^F6	$64.15	holding	—	—	—	Jul 1, 2015	Jul 1, 2021	Common Stock	20,000	20,000	D
Option to Purchase Common Stock^F7	$72.83	holding	—	—	—	Jul 1, 2016	Jul 1, 2022	Common Stock	32,000	32,000	D
Option to Purchase Common Stock^F8	$132.12	holding	—	—	—	Jun 7, 2019	Jun 7, 2025	Common Stock	76,000	76,000	D

Explanation of responses

F116,783 shares of the reported Common Stock are Restricted Shares. The Restrictions lapse 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.
F226,133 shares of the reported Common Stock are Restricted Shares. The Restrictions lapse in accordance with the following schedule 1/2 vest on 6/27/2019 and 1/2 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.
F352,040 shares of the reported Common Stock are Restricted Shares. 1/3 vest on 6/7/2019, 1/3 vest on 6/7/2020 and 1/3 vest on 6/7/2021. 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.
F4Options to purchase shares of Common Stock are subject to the following vesting schedule - 1/3 vest on 7/8/2019, 1/3 vest on 7/8/2020 and 1/3 vest on 7/8/2021. Options expire 7 years from grant date.
F5Options to purchase shares of Common Stock are subject to the following vesting schedule - 1/4 vest on 6/27/2019, 1/4 vest on 6/27/2020, 1/4 vest on 6/27/2021 and 1/4 vest on 6/27/2022. Options expire 7 years from grant date.
F6Options to purchase shares of Common Stock vest on 7/1/2019. Options expire 7 years from grant date.
F7Options to purchase shares of Common Stock are subject to the following vesting schedule - 1/2 vest on 7/1/2019 and 1/2 vest on 7/1/2020. Options expire 7 years from grant date.
F8Options to purchase shares of Common Stock are subject to the following vesting schedule - 1/5 vest on 6/7/2019, 1/5 vest on 6/7/2020, 1/5 vest on 6/7/2021, 1/5 vest on 6/7/2022 and 1/5 vest on 6/7/2023. Options expire 7 years from grant date.