Klun Daniel J 4
4 · REGAL REXNORD CORP · Filed Oct 6, 2021
Insider Transaction Report
Form 4
Klun Daniel J
VP, Corporate Controller
Transactions
- Award
Common Stock
2021-10-04+34→ 34 total(indirect: By 401(k)) - Award
Stock Options
2021-10-04+5,389→ 5,389 totalExercise: $50.34→ Common Stock (5,389 underlying) - Award
Stock Options
2021-10-04+5,208→ 5,208 totalExercise: $56.09→ Common Stock (5,208 underlying) - Award
Common Stock
2021-10-04+2,753→ 2,753 total - Award
Stock Options
2021-10-04+4,420→ 4,420 totalExercise: $63.79→ Common Stock (4,420 underlying) - Award
Stock Options
2021-10-04+3,656→ 3,656 totalExercise: $98.16→ Common Stock (3,656 underlying) - Award
Stock Options
2021-10-04+2,383→ 2,383 totalExercise: $62.92→ Common Stock (2,383 underlying)
Footnotes (9)
- [F1]Represents restricted stock units received in the transactions ("Transactions") set forth in that certain Agreement and Plan of Merger, dated as of February 15, 2021, by and among Regal Beloit Corporation, Rexnord Corporation, Land Newco, Inc., and Phoenix 2021, Inc. in conversion of restricted stock units relating to 5,987 shares of Rexnord Corporation common stock. The restricted stock units vest as follows: 513 vest on May 13, 2022; 991 vest on December 31, 2021; and 416 vest on February 16, 2022, 417 vest on February 16, 2023 and 416 vest on February 16, 2024.
- [F2]Received in connection with the Transactions in exchange for 156 shares of Land Newco, Inc. common stock held in the 401(k) plan sponsored by Rexnord Corporation. The Transactions included a distribution of one share of Land Newco, Inc. common stock for each issued and outstanding share of Rexnord Corporation, with each Land Newco, Inc. share then exchanged for 0.22296103 of a share of Regal Beloit Corporation common stock. On the effective date of the Transactions, October 4, 2021, the closing price of a share of Regal Rexnord Corporation (f/k/a Regal Beloit Corporation) common stock was $151.00, and the closing price of a share of Zurn Water Solutions Corporation (f/k/a Rexnord Corporation) common stock was $64.95.
- [F3]This option is currently exercisable in full.
- [F4]Received in the Transactions in conversion of employee stock options to acquire 9,620 shares of Rexnord Corporation common stock for $29.31.
- [F5]Received in the Transactions in conversion of employee stock options to acquire 11,336 shares of Rexnord Corporation common stock for $25.77.
- [F6]Received in the Transactions in conversion of employee stock options to acquire 11,729 shares of Rexnord Corporation common stock for $23.13.
- [F7]Received in the Transactions in conversion of employee stock options to acquire 5,188 shares of Rexnord Corporation common stock for $28.91.
- [F8]Stock Options will vest 100% on Feburary 16, 2024.
- [F9]Received in the Transactions in conversion of employee stock options to acquire 7,958 shares of Rexnord Corporation common stock for $45.10.