Statement of Changes in Beneficial Ownership (4)
August 13 2020 - 05:37PM
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 * HARTNETT MICHAEL
J |
2. Issuer Name and Ticker or Trading
Symbol RBC Bearings INC [ ROLL ] |
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)__X__
Director _____
10% Owner
__X__ Officer (give title
below) _____ Other
(specify below)
President and CEO |
|
(Last)
(First)
(Middle)
102 WILLENBROCK ROAD, ONE TRIBOLOGY CENTER |
3. Date of Earliest Transaction (MM/DD/YYYY)
8/12/2020
|
|
(Street)
OXFORD, CT 06478
(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 |
8/12/2020 |
|
S(1) |
|
6262 |
D |
$145.0695 |
397485 (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
Security |
3. Trans. Date |
3A. Deemed Execution Date, if any |
4. 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 Date |
7. 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) |
|
Code |
V |
(A) |
(D) |
Date Exercisable |
Expiration Date |
Title |
Amount or Number of Shares |
|
Option to Purchase Common
Stock |
$72.83 |
|
|
|
|
|
|
7/1/2020 |
7/1/2022 |
Common Stock |
16000 |
|
16000 |
D |
|
|
Option to Purchase Common
Stock |
$72.94 |
|
|
|
|
|
|
7/8/2020 (3) |
7/8/2023 |
Common Stock |
40000 |
|
40000 |
D |
|
|
Option to Purchase Common
stock |
$99.64 |
|
|
|
|
|
|
6/27/2020 (4) |
6/27/2024 |
Common Stock |
48000 |
|
48000 |
D |
|
|
Option to Purchase Common
Stock |
$132.12 |
|
|
|
|
|
|
6/7/2019 (5) |
6/7/2025 |
Common Stock |
76000 |
|
76000 |
D |
|
|
Option to Purchase Common
Stock |
$143.92 |
|
|
|
|
|
|
6/3/2020 (6) |
6/3/2026 |
Common Stock |
76000 |
|
76000 |
D |
|
|
Option to Purchase Common
Stock |
$137.44 |
|
|
|
|
|
|
6/2/2021 (7) |
6/2/2027 |
Common Stock |
58892 |
|
58892 |
D |
|
| Explanation of
Responses: |
| (1) |
Sold pursuant to a 10b5-1
plan. |
| (2) |
Includes 79,143 shares of
restricted stock, which vest according to the following schedule;
17,347 shares vest on 6/7/2021; 34,693 shares 1/2 of which vest on
6/3/2021 and 1/2 vest on 6/3/2022; and 27,103 shares 1/3 of which
vest on 6/2/2021, 1/3 vest on 6/2/2022 and 1/3 vest on
6/2/2023. |
| (3) |
All these options to
purchase Common Stock are exercisable except for 20,000 options
that vest on 7/8/2021. |
| (4) |
All these options to
purchase Common Stock are exercisable except for 32,000 options
that are subject to the following vesting schedule - 1/2 vest on
6/27/2021 and 1/2 vest on 6/27/2022. |
| (5) |
All these options to
purchase Common Stock are exercisable except for 45,600 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. |
| (6) |
All these options to
purchase Common Stock are exerciseable except for 60,800 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. |
| (7) |
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 6/2/2025. |
Reporting
Owners
|
|
Reporting Owner Name / Address |
Relationships
|
|
Director |
10% Owner |
Officer |
Other |
HARTNETT MICHAEL J
102 WILLENBROCK ROAD
ONE TRIBOLOGY CENTER
OXFORD, CT 06478 |
X |
|
President and CEO |
|
Signatures
|
|
/s/Joseph Salamunovich/attorney in
fact |
|
8/13/2020 |
| **Signature of
Reporting Person |
Date |
RBC Bearings (NASDAQ:ROLL)
Historical Stock Chart
From Dec 2020 to Jan 2021
RBC Bearings (NASDAQ:ROLL)
Historical Stock Chart
From Jan 2020 to Jan 2021
