SEC Form 4 · accession 0000082811-19-000016
REGAL REXNORD CORP · RRX
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Mark Joseph Gliebe
Officer — Chairman and CEO · Director
Period of report
Feb 19, 2019
Accepted (ET)
Feb 20, 2019 · 4:38 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 19, 2019 | M | 65,000 | $72.29 | A | 259,220 | D | |
| Common Stock | Feb 19, 2019 | M | 42,500 | $61.36 | A | 301,720 | D | |
| Common Stock | Feb 19, 2019 | F | 94,309 | $83.96 | D | 207,411 | D | |
| Common StockF1 | Feb 19, 2019 | S | 13,191 | $83.231 | D | 194,220 | D | |
| Common StockF2 | holding | — | — | — | 843 | 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 | $61.36 | Feb 19, 2019 | M | 42,500 | D | May 5, 2012 | May 5, 2020 | Common Stock | 42,500 | 0 | D |
| Stock Appreciation RightsF4 | $72.29 | Feb 19, 2019 | M | 65,000 | D | May 4, 2013 | May 4, 2021 | Common Stock | 65,000 | 0 | D |
| Stock Appreciation RightsF4 | $63.56 | holding | — | — | — | May 3, 2014 | May 3, 2022 | Common Stock | 99,600 | 99,600 | D |
| Stock Appreciation RightsF5 | $64.99 | holding | — | — | — | May 2, 2015 | May 2, 2023 | Common Stock | 63,850 | 63,850 | D |
| Stock Appreciation RightsF5 | $75.76 | holding | — | — | — | May 7, 2016 | May 7, 2024 | Common Stock | 55,650 | 55,650 | D |
| Stock Appreciation RightsF5 | $78.15 | holding | — | — | — | May 12, 2017 | May 12, 2025 | Common Stock | 64,800 | 64,800 | D |
| Stock Appreciation RightsF5 | $57.43 | holding | — | — | — | May 11, 2018 | May 11, 2026 | Common Stock | 98,350 | 98,350 | D |
| Stock Appreciation RightsF5 | $80.70 | holding | — | — | — | May 10, 2019 | May 10, 2027 | Common Stock | 64,175 | 64,175 | D |
| Stock Appreciation RightsF6 | $77.60 | holding | — | — | — | May 9, 2020 | May 9, 2028 | Common Stock | 66,275 | 66,275 | D |
Explanation of responses
- F1The price in Column 4 is a weighted average price. The prices actually received ranged from $82.87 to $83.75. 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 stock-settled Stock Appreciation Rights ("SARs") under the 2007 Equity Incentive Plan. The SARs vest and become exercisable 40% on the second anniversary, 60% on the third anniversary, 80% on the fourth anniversary 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, 60% on the third anniversary, 80% on the fourth anniversary and 100% on the fifth anniversary of the date of the grant.
- F5Granted as stock-settled SARs under the 2013 Equity Incentive Plan. The SARs vest and become exercisable 40% on the second anniversary, 60% on the third anniversary, 80% on the fourth anniversary and 100% on the fifth anniversary of the date of the grant.
- F6Granted as stock-settled SARs under the 2018 Equity Incentive Plan. The SARs vest and become exercisable 40% on the second anniversary, 60% on the third anniversary, 80% on the fourth anniversary and 100% on the fifth anniversary of the date of the grant.