RBC Bearings INC 4
4 · RBC Bearings INC · Filed Jul 14, 2006
Insider Transaction Report
Form 4
RBC Bearings INCROLL
Beausoleil Phillip H
General Manager
Transactions
- Award
Stock Option (Right to Buy)
2006-07-12$0.01/sh+20,000$200→ 89,387 totalExercise: $22.66From: 2007-07-12Exp: 2013-07-12→ Common Stock (20,000 underlying) - Award
Common Stock
2006-07-12+5,000→ 5,000 total
Footnotes (2)
- [F1]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 and (ii) may vest upon the happening of certain events. Restrictions lapse in accordance with the following schedule: 20% lapse on 7/12/07, 20% lapse on 7/12/08, 20% lapse on 7/12/09, 20% lapse on 7/12/10 and 20% lapse on 7/12/11.
- [F2]Options to purchase shares of common stock are subject to the following vesting schedule: 20% vest on 7/12/07, 20% vest on 7/12/08, 20% vest on 7/12/09, 20% vest on 7/12/10 and 20% vest on 7/12/11.