Longley Jason R. 4/A
4/A · REGAL BELOIT CORP · Filed May 11, 2018
Insider Transaction Report
Form 4/AAmended
Longley Jason R.
VP, Corporate Controller
Transactions
- Award
Common Stock
2018-05-09+602→ 602 total - Award
Stock Appreciation Rights
2018-05-09+2,085→ 2,085 totalExercise: $77.60From: 2020-05-09Exp: 2028-05-09→ Common Stock (2,085 underlying)
Footnotes (4)
- [F1]This amended Form 4 is being filed to correct an error in the calculation of the number of Restricted Stock Units ("RSUs") awarded to the reporting person May 9, 2018. The original Form 4 filed on May 10, 2018 reported 316 RSUs awarded.
- [F2]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.
- [F3]This amended Form 4 is being filed to correct an error in the calculation of the number of Stock Appreciation Rights ("SARs") awarded to the reporting person May 9, 2018. The original Form 4 filed on May 10, 2018 reported 1,094 SARs awarded.
- [F4]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.