SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
1. Name and Address of Reporting Person*
COLVIN TERRY R

(Last) (First) (Middle)
200 STATE STREET

(Street)
BELOIT WI 53511

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
REGAL BELOIT CORP [ RBC ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
VP/Human Resources
3. Date of Earliest Transaction (Month/Day/Year)
05/07/2017
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 05/07/2017 A 4(1) A $0 15,504 D
Common Stock 05/07/2017 F 555 D $83 14,949 D
Common Stock 1,968(2) I Retirement Savings Plan
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
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 Securities Underlying Derivative Security (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: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Stock Appreciation Rights $42.28 05/02/2010(3) 05/02/2018 Common Stock 9,000 9,000 D
Stock Appreciation Rights $42.65 05/08/2011(3) 05/08/2019 Common Stock 15,000 15,000 D
Stock Appreciation Rights $61.36 05/05/2012(3) 05/05/2020 Common Stock 12,000 12,000 D
Stock Appreciation Rights $72.29 05/04/2013(3) 05/04/2021 Common Stock 8,000 8,000 D
Stock Appreciation Rights $63.56 05/03/2014(3) 05/03/2022 Common Stock 8,200 8,200 D
Stock Appreciation Rights $64.99 05/02/2015(4) 05/02/2023 Common Stock 5,125 5,125 D
Stock Appreciation Rights $75.76 05/07/2016(4) 05/07/2024 Common Stock 4,725 4,725 D
Stock Appreciation Rights $78.15 05/12/2017(4) 05/12/2025 Common Stock 5,675 5,675 D
Stock Appreciation Rights $57.43 05/11/2018(4) 05/11/2026 Common Stock 8,825 8,825 D
Explanation of Responses:
1. These shares of stock represent performance shares being issued to the reporting person based on the achievement of certain performance targets pursuant to the 2013 Equity Incentive Plan.
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 Stock Appreciation Rights ("SARs") under the 2007 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 SARs under the 2013 Equity Incentive Plan. The SARs vest and become exercisable 40% on the second anniversary of the date of grant, 60% on the third anniversary, 80% on the fourth anniversary and 100% on the fifth anniversary.
Remarks:
/s/ Thomas E. Valentyn as Power of Attorney 05/09/2017
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* 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).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
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