Harold C. Bevis - 22 May 2023 Form 4 Insider Report for NN INC (NNBR)

Signature
/s/ Richard F. Mattern by Power of Attorney
Issuer symbol
NNBR
Transactions as of
22 May 2023
Net transactions value
$0
Form type
4
Filing time
23 May 2023, 16:30:33 UTC
Previous filing
04 Apr 2023
Next filing
24 May 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NNBR Common Stock Award $0 +1,500,000 $0.000000 1,500,000 22 May 2023 Direct F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction NNBR Performance Rights Award $0 +2,500,000 $0.000000 2,500,000 22 May 2023 Common Stock 2,500,000 Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Shares are restricted stock and vest in five equal annual installments beginning on May 22, 2024.
F2 Each performance right represents a contingent right to receive one share of common stock of NN, Inc. (the "Issuer").
F3 The performance rights will vest pursuant to the terms and subject to the conditions set forth in the Performance Share Unit Grant Notice and the Performance Share Unit Award Agreement based on NN's stock price meeting or exceeding specified average stock prices during 20 consecutive trading days between May 22, 2023 and May 21, 2028.