Longley Jason R. 4
4 · REGAL BELOIT CORP · Filed May 10, 2018
Insider Transaction Report
Form 4
Longley Jason R.
VP, Corporate Controller
Transactions
- Award
Common Stock
2018-05-09+316→ 316 total - Award
Stock Appreciation Rights
2018-05-09+1,094→ 1,094 totalExercise: $77.60From: 2020-05-09Exp: 2028-05-09→ Common Stock (1,094 underlying)
Footnotes (2)
- [F1]Restricted Stock Units ("RSUs") granted to the reporting person under the 2018 Equity Incentive Plan. RSUs vest 100% on the third anniversary date of the grant. Each RSU is equal to one share of Common Stock and is payable only in stock.
- [F2]Granted as stock-settled Stock Appreciation Rights ("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.