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ROLL RBC Bearings Inc

212.38
0.00 (0.00%)
03 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
RBC Bearings Inc NASDAQ:ROLL NASDAQ Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 212.38 199.24 216.00 0 01:00:00

Statement of Changes in Beneficial Ownership (4)

09/06/2020 10:06pm

Edgar (US Regulatory)


FORM 4 [ ] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).         
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
                                                                                  
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response...
0.5                       
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
                      

1. Name and Address of Reporting Person *

Bannon Patrick S.
2. Issuer Name and Ticker or Trading Symbol

RBC Bearings INC [ ROLL ]
5. Relationship of Reporting Person(s) to Issuer (Check all applicable)

_____ Director                    _____ 10% Owner
__X__ Officer (give title below)    _____ Other (specify below)
V.P. and General Manager
(Last)          (First)          (Middle)

131 WOODS WAY DRIVE
3. Date of Earliest Transaction (MM/DD/YYYY)

6/8/2020
(Street)

SOUTHBURY, CT 06488
(City)        (State)        (Zip)
4. If Amendment, Date Original Filed (MM/DD/YYYY)

 
6. Individual or Joint/Group Filing (Check Applicable Line)

_X _ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Trans. Date 2A. Deemed Execution Date, if any 3. Trans. Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 6/8/2020  F  309 (1)D$154.76 23709 (2)D  

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security3. Trans. Date3A. Deemed Execution Date, if any4. Trans. Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
6. Date Exercisable and Expiration Date7. Title and Amount of Securities Underlying Derivative Security
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4)11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Option to Purchase Common Stock $126.56           2/1/2019 (3)2/1/2025 Common Stock 20000  20000 D  
Option to Purchase Common Stock $132.12           6/7/2019 (4)6/7/2025 Common Stock 10000  10000 D  
Option to Purchase Common Stock $143.92           6/3/2020 (5)6/3/2026 Common Stock 15000  15000 D  
Option to Purchase Common Stock $137.44           6/2/2021 (6)6/2/2027 Common Stock 15000  15000 D  

Explanation of Responses:
(1) Represents shares withheld by the Company to pay tax liability related to the vesting of restricted stock
(2) Includes 17,200 shares of restricted stock, that vest according to the following schedule - 5,000 shares 1/5 of which vest 6/2/2021, 1/5 vest on 6/2/2022, 1/5 vest on 6/2/2023, 1/5 vest on 6/2/2024 and 1/5 vest on 6/2/2025; 4,000 shares 1/4 of which vest on 6/3/2021, 1/4 vest on 6/3/2022, 1/4 vest on 6/3/2023 and 1/4 vest on 6/3/2024; 2,500 shares that vest on 2/1/2021; 3,000 shares 1/3 of which vest on 6/7/2021, 1/3 vest on 6/7/2022 and 1/3 vest on 6/7/2023; 2,000 shares 1/2 of which vest on 12/2/2020 and 1/2 vest on 12/2/2021; and 700 shares that vest on 12/4/2020.
(3) All these options to purchase Common Stock are exercisable except for 12,000 options that are subject to the following vesting schedule - 1/3 vest on 2/1/2021, 1/3 vest on 2/1/2022 and 1/3 vest on 2/1/2023.
(4) All these options to purchase Common Stock are exercisable except for 6,000 options that are subject to the following vesting schedule - 1/3 vest on 6/7/2021, 1/3 vest on 6/7/2022 and 1/3 vest on 6/7/2023.
(5) All these options to purchase Common Stock are exerciseable except for 12,000 options that are subject to the following vesting schedule - 1/4 vest on 6/3/2021, 1/4 vest on 6/3/2022, 1/4 vest on 6/3/2023 and 1/4 vest on 6/3/2024.
(6) These options to purchase Common Stock are subject to the following vesting schedule - 1/5 vest on 6/2/2021, 1/5 vest on 6/2/2022, 1/5 vest on 6/2/2023, 1/5 vest on 6/2/2024 and 1/5 vest on 6/27/2025.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director10% OwnerOfficerOther
Bannon Patrick S.
131 WOODS WAY DRIVE
SOUTHBURY, CT 06488


V.P. and General Manager

Signatures
/s/Joseph Salamunovich/attorney in fact6/9/2020
**Signature of Reporting PersonDate

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