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 |
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 |
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. |