Sec Form 4 Filing - Bannon Patrick S. @ RBC Bearings INC - 2020-02-03

Insider filing report for Changes in Beneficial Ownership
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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
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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/YY)
02/03/2020
(Street)
SOUTHBURY, CT06488
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 02/03/2020 F 805 ( 1 ) D $ 155.51 21,003 ( 2 ) D
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
Option to Purchase Common Stock $ 126.56 02/01/2019( 3 ) 02/01/2025 Common Stock 20,000 20,000 D
Option to Purchase Common Stock $ 132.12 06/07/2019( 4 ) 06/07/2025 Common Stock 10,000 10,000 D
Option to Purchase Common Stock $ 143.92 06/03/2020( 5 ) 06/03/2026 Common Stock 15,000 15,000 D
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Bannon Patrick S.
131 WOODS WAY DRIVE
SOUTHBURY, CT06488
V.P. and General Manager
Signatures
/s/Joseph Salamunovich/attorney in fact 02/05/2020
Signature of Reporting Person Date
Explanation of Responses:
( 1 )Represents shares withheld by the Company to pay tax liability related to the vesting of restricted stock
( 2 )Includes 10,200 shares of restricted stock, that vest according to the following schedule; 5,000 shares 1/5 of which vest on 6/3/2020, 1/5 vest on 6/3/2021, 1/5 vest on 6/3/2022, 1/5 vest on 6/3/2023 and 1/5 vest on 6/3/2024; 2,000 shares 1/2 of which vest on 12/2/2020 and 1/2 vest on 12/2/2021; 2,500 shares that vest on 2/1/2021;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 8,000 options that are subject to the following vesting schedule - 1/4 vest on 6/7/2020, 1/4 vest on 6/7/2021, 1/4 vest on 6/7/2022 and 1/4 vest on 6/7/2023.
( 5 )Options to purchase shares of Common Stock are subject to the following vesting schedule - 1/5 vest on 6/3/2020, 1/5 vest on 6/3/2021, 1/5 vest on 6/3/2022, 1/5 vest on 6/3/2023 and 1/5 vest on 6/3/2024.

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).
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