Home/Filings/4/0000082811-21-000124
4//SEC Filing

Klun Daniel J 4

Accession 0000082811-21-000124

CIK 0000082811other

Filed

Oct 5, 8:00 PM ET

Accepted

Oct 6, 8:42 PM ET

Size

18.8 KB

Accession

0000082811-21-000124

Insider Transaction Report

Form 4
Period: 2021-10-04
Klun Daniel J
VP, Corporate Controller
Transactions
  • Award

    Common Stock

    2021-10-04+3434 total(indirect: By 401(k))
  • Award

    Stock Options

    2021-10-04+5,3895,389 total
    Exercise: $50.34Common Stock (5,389 underlying)
  • Award

    Stock Options

    2021-10-04+5,2085,208 total
    Exercise: $56.09Common Stock (5,208 underlying)
  • Award

    Common Stock

    2021-10-04+2,7532,753 total
  • Award

    Stock Options

    2021-10-04+4,4204,420 total
    Exercise: $63.79Common Stock (4,420 underlying)
  • Award

    Stock Options

    2021-10-04+3,6563,656 total
    Exercise: $98.16Common Stock (3,656 underlying)
  • Award

    Stock Options

    2021-10-04+2,3832,383 total
    Exercise: $62.92Common 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.

Issuer

REGAL REXNORD CORP

CIK 0000082811

Entity typeother

Related Parties

1
  • filerCIK 0001884685

Filing Metadata

Form type
4
Filed
Oct 5, 8:00 PM ET
Accepted
Oct 6, 8:42 PM ET
Size
18.8 KB