RBC Bearings INC 4
4 · RBC Bearings INC · Filed Sep 24, 2007
Insider Transaction Report
Form 4
RBC Bearings INCROLL
Beausoleil Phillip H
General Manager
Transactions
- Sale
Common Stock
2007-09-20$38.05/sh−5,000$190,239→ 4,642 total
Holdings
- 12,500
Option to purchase Common Stock
Exercise: $12.00From: 2006-03-29Exp: 2012-07-01→ Common Stock (12,500 underlying) - 20,000
Option to Purchase Common Stock
Exercise: $22.66From: 2007-07-12Exp: 2013-07-12→ Common Stock (20,000 underlying)
Footnotes (2)
- [F1](1) - 4,642 shares of the reported Common Stock are Restricted Stock. The restrictions lapse in accordance with the following schedule: 1/4 lapse on 7/12/08, 1/4 lapse on 7/12/09, 1/4 lapse on 7/12/10 and 1/4 lapse on 7/12/11. Unvested shares of Restricted Stock (i) may be immediately forfeited to the Company at the time the grantee ceases to be an officer or employee of, or otherwise perform services for , the Company or its subsidiaries under certain circumstances or (ii) may vest upon the happening of certain events.
- [F2](2) Options to purchase Common Stock are subject to the following vesting schedule: 1/5 vest on 7/12/07, 1/5 vest on 7/12/08, 1/5 vest on 7/12/09, 1/5 vest on 7/12/10 and 1/5 vest on 7/12/11.