Form 4 for RRX REGAL REXNORD CORP
Accepted 2021-10-06 00:00:00 ET · period of report 2021-10-04 · accession 0000082811-21-000126 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| DM | 2021-10-06 | 2021-10-04 | RRX | Zaba Kevin J | Pres, Motion Control Sol | A - Grant | $0.00 | +18.6K | 4,842 | New | $0 |
| DI | 2021-10-06 | 2021-10-04 | RRX | Zaba Kevin J | Pres, Motion Control Sol | A - Grant | $0.00 | +126 | 126 | New | $0 |
| DM | 2021-10-06 | 2021-10-04 | RRX | Zaba Kevin J | Pres, Motion Control Sol | A - Grant | $0.00 | +23.2K | 3,070 | New | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock | 2021-10-04 | A | A | 13,768 | $0.00 | 18,610 | D | — | — | (F2) Represents restricted stock units received in the Transactions in conversion of restricted stock units relating to 29,959 shares of Rexnord Corporation common stock. The restricted stock units vest as follows: 2,028 vest on May 13, 2022; 4,862 vest on December 31, 2021; and 2,293 vest on February 16, 2022, 2,292 vest on February 16, 2023 and 2,293 vest on February 16, 2024. |
| 2 | Common | Common Stock | 2021-10-04 | A | A | 126 | $0.00 | 126 | I | — | — | (F3) Received in connection with the Transactions in exchange for 569 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. |
| 3 | Common | Common Stock | 2021-10-04 | A | A | 4,842 | $0.00 | 4,842 | D By 401(k) Plan | — | — | (F1) Received in exchange for 21,720 shares of Land Newco, Inc. common stock in connection with 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. The Transactions included a distribution of one share of Land Newco, Inc. common stock for each issued and outstanding share of Rexnord Corporation common stock, 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. |
| 4 | Derivative | Stock Options | 2021-10-04 | A | A | 20,153 | $0.00 | 20,153 | D | $98.16 · — to — | 20,153 Common Stock | (F7) Received in the Transactions in conversion of employee stock options to acquire 43,859 shares of Rexnord Corporation common stock for $45.10. (F6) Stock Options will vest 100% on February 16, 2024. (F4) This option is currently exercisable in full. |
| 5 | Derivative | Stock Options | 2021-10-04 | A | A | 3,070 | $0.00 | 3,070 | D | $62.92 · — to — | 3,070 Common Stock | (F5) Received in the Transactions in conversion of employee stock options to acquire 6,682 shares of Rexnord Corporation common stock for $28.91. (F4) This option is currently exercisable in full. |