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UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940 |
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Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | |||
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number. | SEC 1474 (9-02) |
1. Title of Derivative Security (Instr. 3) |
2. Conversion or Exercise Price of Derivative Security | 3. Transaction Date (Month/Day/Year) | 3A. Deemed Execution Date, if any (Month/Day/Year) | 4. Transaction Code (Instr. 8) |
5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4, and 5) |
6. Date Exercisable and Expiration Date (Month/Day/Year) |
7. Title and Amount of Underlying Securities (Instr. 3 and 4) |
8. Price of Derivative Security (Instr. 5) |
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) |
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) |
11. Nature of Indirect Beneficial Ownership (Instr. 4) |
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Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||||||
Stock Appreciation Rights | $ 64.99 | 05/02/2013 | A | 4,200 | 05/02/2015(3) | 05/02/2023 | Common Stock | 4,200 | $ 0 | 4,200 | D | ||||
Stock Appreciation Rights | $ 72.29 | 05/04/2013(4) | 05/04/2021 | Common Stock | 8,000 | 8,000 | D | ||||||||
Stock Appreciation Rights | $ 42.94 | 09/11/2008(5) | 09/11/2016 | Common Stock | 7,500 | 7,500 | D | ||||||||
Stock Appreciation Rights | $ 42.65 | 05/08/2011(4) | 05/08/2019 | Common Stock | 15,000 | 15,000 | D | ||||||||
Stock Appreciation Rights | $ 44.12 | 05/01/2009(4) | 05/01/2017 | Common Stock | 7,500 | 7,500 | D | ||||||||
Stock Appreciation Rights | $ 63.56 | 05/03/2014(4) | 05/03/2022 | Common Stock | 8,200 | 8,200 | D | ||||||||
Stock Appreciation Rights | $ 42.28 | 05/02/2010(4) | 05/02/2018 | Common Stock | 9,000 | 9,000 | D | ||||||||
Stock Appreciation Rights | $ 61.36 | 05/05/2012(4) | 05/05/2020 | Common Stock | 12,000 | 12,000 | D |
Reporting Owner Name / Address | Relationships | |||
Director | 10% Owner | Officer | Other | |
COLVIN TERRY R 6771 WHITE OAK DRIVE SOUTH BELOIT, IL 61080 |
VP/Human Resources |
/s/ Peter C. Underwood as Power of Attorney | 05/06/2013 | |
**Signature of Reporting Person | Date |
* | If the form is filed by more than one reporting person, see Instruction 4(b)(v). |
** | Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). |
(1) | Restricted Stock Units (RSUs) granted to the reporting person under the 2013 Equity Incentive Plan. RSUs vest 100% on the third anniversary date of the grant. Each RSU is equal to one share of Common Stock and is payable only in stock. |
(2) | Balance reflects the most current data available with regard to holdings in the Regal Beloit Corporation Retirement Savings Plan. |
(3) | Granted as stock-settled SARs under the 2013 Equity Incentive Plan. The SARs vest and become exercisable 40% on the second anniversary of the date of the grant, 60% on the third anniversary of the date of the grant, 80% on the fourth anniversary of the date of the grant and 100% on the fifth anniversary of the date of the grant. |
(4) | Granted as stock-settled Stock Appreciation Rights (SARs) under the 2007 Equity Inventive Plan. The SARs vest and become exercisable 40% on the scond anniversary of the grant date, 60% on the third anniversary, 80% on the fourth anniversary and 100% on the fifth anniversary. |
(5) | Granted as stock-settled Stock Appreciation Rights (SARs) under the 2003 Equity Incentive Plan. The SARs vest and become exercisable 40% on the second anniversary of the grant date, 60% on the third anniversay, 80% on the fourth anniversary, and 100% on the fifth anniversary. |