SEC Form 4 · accession 0000082811-15-000011
REGAL REXNORD CORP · RRX
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Jonathan J Schlemmer
Officer — Chief Operating Officer
Period of report
Feb 20, 2015
Accepted (ET)
Feb 24, 2015 · 4:10 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000082811
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Feb 20, 2015 | M | 8,000 | $36.36 | A | 33,693 | D | |
| Common StockF1 | Feb 20, 2015 | S | 5,094 | $77.8311 | D | 28,599 | D | |
| Common StockF2 | holding | — | — | — | 860 | I | Retirement Savings Plan |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Non-Qualified Stock OptionF3 | $36.36 | Feb 20, 2015 | M | 8,000 | D | Jan 27, 2008 | Jan 27, 2016 | Common Stock | 8,000 | 0 | D |
| Stock Appreciation RightsF4 | $44.12 | holding | — | — | — | May 1, 2009 | May 1, 2017 | Common Stock | 6,000 | 6,000 | D |
| Stock Appreciation RightsF4 | $42.28 | holding | — | — | — | May 2, 2010 | May 2, 2018 | Common Stock | 6,000 | 6,000 | D |
| Stock Appreciation RightsF4 | $42.65 | holding | — | — | — | May 8, 2011 | May 8, 2019 | Common Stock | 6,000 | 6,000 | D |
| Stock Appreciation RightsF4 | $61.36 | holding | — | — | — | May 5, 2012 | May 5, 2020 | Common Stock | 6,000 | 6,000 | D |
| Stock Appreciation RightsF4 | $72.29 | holding | — | — | — | May 4, 2013 | May 4, 2021 | Common Stock | 16,500 | 16,500 | D |
| Stock Appreciation RightsF4 | $63.56 | holding | — | — | — | May 3, 2014 | May 3, 2022 | Common Stock | 26,000 | 26,000 | D |
| Stock Appreciation RightsF5 | $64.99 | holding | — | — | — | May 2, 2015 | May 2, 2023 | Common Stock | 16,200 | 16,200 | D |
| Stock Appreciation RightsF5 | $75.76 | holding | — | — | — | May 7, 2016 | May 7, 2024 | Common Stock | 14,800 | 14,800 | D |
Explanation of responses
- F1The 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.
- F2Balance reflects the most current data available with regard to holdings in the Regal Beloit Corporation Retirement Savings Plan.
- F3Granted 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.
- F4Granted 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.
- F5Granted 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.