SEC Form 4 · accession 0000082811-15-000016
REGAL REXNORD CORP · RRX
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Mark Joseph Gliebe
Officer — President & CEO · Director
Period of report
Mar 9, 2015
Accepted (ET)
Mar 10, 2015 · 4:27 pm EDT
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 StockF1 | Mar 9, 2015 | M | 35,000 | $36.36 | A | 148,304 | D | |
| Common StockF2 | Mar 9, 2015 | S | 23,322 | $76.5127 | D | 124,982 | D | |
| Common StockF3 | holding | — | — | — | 797 | 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 OptionsF4 | $36.36 | Mar 9, 2015 | M | 35,000 | D | Jan 27, 2007 | Jan 27, 2016 | Common Stock | 35,000 | 0 | D |
| Stock Appreciation RightsF5 | $48.05 | holding | — | — | — | Feb 6, 2009 | Feb 6, 2017 | Common Stock | 35,000 | 35,000 | D |
| Stock Appreciation RightsF6 | $42.28 | holding | — | — | — | May 2, 2010 | May 2, 2018 | Common Stock | 35,000 | 35,000 | D |
| Stock Appreciation RightsF6 | $42.65 | holding | — | — | — | May 8, 2011 | May 8, 2019 | Common Stock | 35,000 | 35,000 | D |
| Stock Appreciation RightsF6 | $61.36 | holding | — | — | — | May 5, 2012 | May 5, 2020 | Common Stock | 42,500 | 42,500 | D |
| Stock Appreciation RightsF6 | $72.29 | holding | — | — | — | May 4, 2013 | May 4, 2021 | Common Stock | 65,000 | 65,000 | D |
| Stock Appreciation RightsF6 | $63.56 | holding | — | — | — | May 3, 2014 | May 3, 2022 | Common Stock | 99,600 | 99,600 | D |
| Stock Appreciation RightsF7 | $64.99 | holding | — | — | — | May 2, 2015 | May 2, 2023 | Common Stock | 63,850 | 63,850 | D |
| Stock Appreciation RightsF8 | $75.76 | holding | — | — | — | May 7, 2016 | May 7, 2024 | Common Stock | 55,650 | 55,650 | D |
Explanation of responses
- F1Shares acquired through the exercise of stock options that otherwise would have expired on January 27, 2016.
- F2The price in Column 4 is a weighted average price. The prices actually received ranged from $76.40 to $76.63. 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.
- F3Balance reflects the most current data available with regard to holdings in the Regal-Beloit Corporation Retirement Savings Plan.
- F4Grant to reporting person of option to buy shares of common stock under the 2003 Equity Incentive Plan. The option vests and becomes 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 Stock Appreciation Rights (SARs) under the 2003 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.
- F6Granted as stock-settled 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.
- F7Granted as stock-settled SARs under the 2013 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.
- F8Granted as stock-settled Stock Appreciation Rights (SARs) under the 2013 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.