SEC Form 4 · accession 0000082811-16-000177
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
May 11, 2016
Accepted (ET)
May 13, 2016 · 7:50 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 | May 11, 2016 | A | 7,075 | $0.00 | A | 38,513 | D | |
| Common StockF2 | holding | — | — | — | 1,290 | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Appreciation RightsF3 | $57.43 | May 11, 2016 | A | 27,500 | A | May 11, 2018 | May 11, 2026 | Common Stock | 27,500 | 27,500 | 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 RightsF3 | $64.99 | holding | — | — | — | May 2, 2015 | May 2, 2023 | Common Stock | 16,200 | 16,200 | D |
| Stock Appreciation RightsF3 | $75.76 | holding | — | — | — | May 7, 2016 | May 7, 2024 | Common Stock | 14,800 | 14,800 | D |
| Stock Appreciation RightsF3 | $78.15 | holding | — | — | — | May 12, 2017 | May 12, 2025 | Common Stock | 17,675 | 17,675 | D |
Explanation of responses
- F1Restricted Stock Units (RSUs) granted to the reporting person under the 2013 Equity Incentive Plan. RSUs vest 100% on the third anniversary date of the grant. Each RSU is equal to one share of Common Stock and is payable only in stock.
- F2Balance reflects the most current data available with regard to holdings in the Regal Beloit Corporation Retirement Savings Plan.
- F3Granted 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 the grant, 60% on the third anniversary of the date of the grant, 80% on the fourth anniversary of the date of the grant and 100% on the fifth anniversary of the date of the grant.
- F4Granted 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.