Timothy M. French - Aug 10, 2023 Form 4 Insider Report for NN INC (NNBR)

Signature
/s/ Richard F. Mattern by Power of Attorney
Stock symbol
NNBR
Transactions as of
Aug 10, 2023
Transactions value $
$0
Form type
4
Date filed
8/22/2023, 04:41 PM

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NNBR Common Stock Award $0 +330K $0.00 330K Aug 10, 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 +560K $0.00 560K Aug 10, 2023 Common Stock 560K 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 August 10, 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 August 10, 2023 and August 9, 2028.