0000082811-21-000125.txt : 20211006 0000082811-21-000125.hdr.sgml : 20211006 20211006204315 ACCESSION NUMBER: 0000082811-21-000125 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20211004 FILED AS OF DATE: 20211006 DATE AS OF CHANGE: 20211006 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Rehard Robert CENTRAL INDEX KEY: 0001632039 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-07283 FILM NUMBER: 211310872 MAIL ADDRESS: STREET 1: 200 STATE STREET CITY: BELOIT STATE: WI ZIP: 53511 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: REGAL REXNORD CORP CENTRAL INDEX KEY: 0000082811 STANDARD INDUSTRIAL CLASSIFICATION: MOTORS & GENERATORS [3621] IRS NUMBER: 390875718 STATE OF INCORPORATION: WI FISCAL YEAR END: 0102 BUSINESS ADDRESS: STREET 1: 200 STATE ST CITY: BELOIT STATE: WI ZIP: 53511 BUSINESS PHONE: 6083648800 MAIL ADDRESS: STREET 1: 200 STATE STREET CITY: BELOIT STATE: WI ZIP: 53511-6254 FORMER COMPANY: FORMER CONFORMED NAME: REGAL BELOIT CORP DATE OF NAME CHANGE: 19920703 FORMER COMPANY: FORMER CONFORMED NAME: BELOIT TOOL CORP DATE OF NAME CHANGE: 19730522 FORMER COMPANY: FORMER CONFORMED NAME: RECORD A PUNCH CORP DATE OF NAME CHANGE: 19690320 4 1 wf-form4_163356737224502.xml FORM 4 X0306 4 2021-10-04 0 0000082811 REGAL REXNORD CORP RRX 0001632039 Rehard Robert 200 STATE STREET BELOIT WI 53511 0 1 0 0 VP and Chief Financial Officer Common Stock 2021-10-04 4 A 0 142 0 A 14394 D Stock Appreciation Rights 74.56 2017-05-12 2025-05-12 Common Stock 2148.0 2148 D Stock Appreciation Rights 54.79 2018-05-11 2026-05-11 Common Stock 3317.0 3317 D Stock Appreciation Rights 76.99 2019-05-10 2027-05-10 Common Stock 2164.0 2164 D Stock Appreciation Rights 74.04 2020-05-09 2028-05-09 Common Stock 7730.0 7730 D Stock Appreciation Rights 78.05 2021-05-08 2029-05-08 Common Stock 15382.0 15382 D Stock Appreciation Rights 84.39 2021-02-18 2030-02-18 Common Stock 12340.0 12340 D Stock Appreciation Rights 133.77 2022-02-23 2031-02-23 Common Stock 9276.0 9276 D Received in exchange for 640 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. The number of shares of common stock subject to the reporting person's restricted stock unit awards was increased by 379 shares to preserve the intrinsic value of such awards following the payment of a special dividend that took place in connection with the Transactions. The total number of shares beneficially owned by the reporting person has been updated to reflect the adjustment. The number of shares of common stock subject to the reporting person's stock appreciation rights awards was increased, and the per share strike price of such awards was decreased, to preserve the intrinsic value of such awards following the payment of a special dividend that took place in connection with the Transactions. The total number of shares subject to, and the per share strike price of, such awards, has been updated to reflect the adjustment. Granted as stock-settled Stock Appreciation Rights ("SARs") under the 2013 Equity Incentive Plan. The SARs vest and become exercisable 40% on the second anniversary, 60% on the third anniversary, 80% on the fourth anniversary and 100% on the fifth anniversary of the date of the grant. Granted as stock-settled SARs under the 2018 Equity Incentive Plan. The SARs vest and become exercisable 40% on the second anniversary, 60% on the third anniversary, 80% on the fourth anniversary and 100% on the fifth anniversary of the date of the grant. Granted as stock-settled SARs under the 2018 Equity Incentive Plan. The SARs vest and become exercisable 34% on the first anniversary, 67% on the second anniversary and 100% on the third anniversary of the date of the grant. /s/ Thomas E. Valentyn, as Power of Attorney 2021-10-06