Sec Form 4 Filing - Schlemmer Jonathan J @ REGAL BELOIT CORP - 2015-02-20

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 Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL OMB Number: 3235-0287 Expires: November 30, 2011 Estimated average burden hours per response... 0.5

1. Name and Address of Reporting Person Schlemmer Jonathan J 2. Issuer Name and Ticker or Trading Symbol REGAL BELOIT CORP [ RBC] 5. Relationship of Reporting Person(s) to Issuer (Check all applicable) _____ Director _____ 10% Owner X __ Officer (give title below) _____ Other (specify below) Chief Operating Officer (Last) (First) (Middle) 200 STATE STREET 3. Date of Earliest Transaction (MM/DD/YY) 02/20/2015 (Street) BELOIT, WI53511 4. If Amendment, Date Original Filed (MM/DD/YY) 6. Individual or Joint/Group Filing (Check Applicable Line) __ X __ Form filed by One Reporting Person _____ Form filed by More than One Reporting Person (City) (State) (Zip)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned 1.Title of Security (Instr. 3) 2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 3. Transaction 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 02/20/2015 M 8,000 A $ 36.36 33,693 D Common Stock 02/20/2015 S 5,094 D $ 77.8311 ( 1 ) 28,599 D Common Stock 860 ( 2 ) I Retirement Savings Plan

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned ( e.g. , puts, calls, warrants, options, convertible securities) 1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 4. Transaction 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 (MM/DD/YY) 7. Title and Amount of Underlying Securities (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 Non-Qualified Stock Option $ 36.36 02/20/2015 M 8,000 01/27/2008( 3 ) 01/27/2016 Common Stock 8,000 $ 0 0 D Stock Appreciation Rights $ 44.12 05/01/2009( 4 ) 05/01/2017 Common Stock 6,000 6,000 D Stock Appreciation Rights $ 42.28 05/02/2010( 4 ) 05/02/2018 Common Stock 6,000 6,000 D Stock Appreciation Rights $ 42.65 05/08/2011( 4 ) 05/08/2019 Common Stock 6,000 6,000 D Stock Appreciation Rights $ 61.36 05/05/2012( 4 ) 05/05/2020 Common Stock 6,000 6,000 D Stock Appreciation Rights $ 72.29 05/04/2013( 4 ) 05/04/2021 Common Stock 16,500 16,500 D Stock Appreciation Rights $ 63.56 05/03/2014( 4 ) 05/03/2022 Common Stock 26,000 26,000 D Stock Appreciation Rights $ 64.99 05/02/2015( 5 ) 05/02/2023 Common Stock 16,200 16,200 D Stock Appreciation Rights $ 75.76 05/07/2016( 5 ) 05/07/2024 Common Stock 14,800 14,800 D

Reporting Owners Reporting Owner Name / Address Relationships Director 10% Owner Officer Other Schlemmer Jonathan J 200 STATE STREET BELOIT, WI53511 Chief Operating Officer Signatures /s/ Peter C. Underwood as Power of Attorney 02/24/2015 Signature of Reporting Person Date

Explanation of Responses:

( 1 )The price in Column 4 is a weighted average price. The prices actually received ranged from $77.819 to $77.841. 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. ( 2 )Balance reflects the most current data available with regard to holdings in the Regal Beloit Corporation Retirement Savings Plan. ( 3 )Granted as non-qualified stock options. The options 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. ( 4 )Granted as stock-settled Stock Appreciation Rights (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. ( 5 )Granted as stock-settled SARs under the 2013 Equity Inventive 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.

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.

* If the form is filed by more than one reporting person, see Instruction 4(b)(v).

** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).

Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.