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UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549ANNUAL STATEMENT 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 2270 (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 at End of Issuer's Fiscal Year (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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(A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares | |||||||||
Non Qualified Stock Option | $ 47.25 | Â | Â | Â | Â | Â | 04/26/2008(3) | 04/26/2016 | Common Stock | Â | 10,000 | Â | ||
Stock Appreciation Rights | $ 44.12 | Â | Â | Â | Â | Â | 05/01/2009(4) | 05/01/2017 | Common Stock | Â | 2,500 | Â | ||
Stock Appreciation Rights | $ 42.28 | Â | Â | Â | Â | Â | 05/02/2010(4) | 05/02/2018 | Common Stock | Â | 6,000 | Â | ||
Stock Appreciation Rights | $ 42.65 | Â | Â | Â | Â | Â | 05/08/2011(4) | 05/08/2019 | Common Stock | Â | 6,000 | Â | ||
Stock Appreciation Rights | $ 61.36 | Â | Â | Â | Â | Â | 05/05/2012(4) | 05/05/2020 | Common Stock | Â | 6,000 | Â | ||
Stock Appreciation Rights | $ 72.29 | Â | Â | Â | Â | Â | 05/04/2013(4) | 05/04/2021 | Common Stock | Â | 6,000 | Â | ||
Stock Appreciation Rights | $ 63.56 | Â | Â | Â | Â | Â | 05/03/2014(4) | 05/03/2022 | Common Stock | Â | 6,500 | Â | ||
Stock Appreciation Rights | $ 64.99 | Â | Â | Â | Â | Â | 05/02/2015(5) | 05/02/2023 | Common Stock | Â | 3,875 | Â |
Reporting Owner Name / Address | Relationships | |||
Director | 10% Owner | Officer | Other | |
Avampato John 200 STATE STREET BELOIT, WI 53511 |
 |  |  VP & Chief Information Officer |  |
/s/ Peter C. Underwood as Power of Attorney | 02/13/2014 | |
**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) | Shares acquired pursuant to dividend reinvestment as follows: 12 shares acquired during 2010 at prices ranging from $58.62 to $58.66; 28 shares acquired during 2011 at prices ranging from $51.05 to $71.36; 35 shares acquired during 2012 at prices ranging from $55.87 to $68.31; and 37 shares acquired during 2013 at prices ranging from $65.50 to $77.39. Also acquired 26 shares pursuant to dividend reinvestment prior to becoming a Section 16 reporting person. The reporting person has not had any non-exempt transactions since filing his Form 3 report and, therefore, none of the dividend reinvestment acquisitions are, as of the date of this report, subject to any short-swing profit liability under Section 16. |
(2) | Balance reflects the most current data available with regard to holdings in the Regal Beloit Corporation Retirement Savings Plan. |
(3) | Granted as non qualified stock options. The options vest and become exerciseable 40% on the second anniversary, 60% on the third anniversary, 80% on the fourth anniversary, and 100% on the fifth anniversary of the grant. |
(4) | Granted as stock-settled SARs under the 2007 Equity Incentive Plan. The SARs vest and become exerciseable 40% on the second anniversary of the date of the grant, 60% on the third anniversary, 80% on the fourth anniversary and 100% on the fifth anniversary. |
(5) | 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. |