Corre Partners Management, LLC - 01 Jul 2022 Form 4 Insider Report for NN INC (NNBR)

Role: 10%+ Owner
Signature: Corre Partners Management, LLC, /s/ Eric Soderlund, Managing Member
Issuer symbol: NNBR
Transactions as of: 01 Jul 2022
Net transactions value: +$147,456
Form type: 4
Filing time: 06 Jul 2022, 18:38:15 UTC
Previous filing: 29 Jun 2022
Next filing: 09 Feb 2023
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	NNBR	Common Stock, par value $0.01 per share	Purchase	$53,604	+22,500	+0.5%	$2.38	4,542,017	01 Jul 2022	Footnote	F1, F2
transaction	NNBR	Common Stock, par value $0.01 per share	Purchase	$46,342	+20,289	+0.45%	$2.28	4,562,306	05 Jul 2022	Footnote	F2, F3
transaction	NNBR	Common Stock, par value $0.01 per share	Purchase	$47,510	+20,000	+0.44%	$2.38	4,582,306	06 Jul 2022	Footnote	F2, F4
holding	NNBR	Common Stock, par value $0.01 per share						905,735	01 Jul 2022	Footnote	F5

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
holding	NNBR	Common Stock Purchase Warrant						720,000	01 Jul 2022	Common Stock, par value $0.01 per share	720,000	$12.00	Footnote	F2
holding	NNBR	Common Stock Purchase Warrant						195,000	01 Jul 2022	Common Stock, par value $0.01 per share	195,000	$12.00	Footnote	F5

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions within the range of $2.36 to $2.385. The Reporting Persons undertake to provide to the Issuer, any security holder of the Issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the ranges set forth in this footnote.
F2	The reported securities are directly owned by Corre Opportunities Qualified Master Fund, LP (the "Qualified Master Fund"). The reported securities may be deemed beneficially owned by Corre Partners Management, LLC ("Corre"), the investment manager of the Qualified Master Fund, Corre Partners Advisors, LLC ("Corre GP"), the general partner of the Qualified Master Fund, and John Barrett and Eric Soderlund, the managing members of Corre and Corre GP, each a Reporting Person. Each Reporting Person disclaims beneficial ownership of the reported securities except to the extent of its pecuniary interest therein, and this report shall not be deemed to be an admission that any Reporting Person is the beneficial owner of the securities for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or for any other purpose.
F3	The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions within the range of $2.23 to $2.40. The Reporting Persons undertake to provide to the Issuer, any security holder of the Issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the ranges set forth in this footnote.
F4	The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions within the range of $2.365 to $2.39. The Reporting Persons undertake to provide to the Issuer, any security holder of the Issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the ranges set forth in this footnote.
F5	The reported securities are directly owned by Corre Horizon Fund, LP (the "Partnership"). The reported securities may be deemed beneficially owned by Corre, the investment manager of the Partnership, Corre GP, the general partner of the Partnership, and John Barrett and Eric Soderlund, the managing members of Corre and Corre GP, each a Reporting Person. Each Reporting Person disclaims beneficial ownership of the reported securities except to the extent of its pecuniary interest therein, and this report shall not be deemed to be an admission that any Reporting Person is the beneficial owner of the securities for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or for any other purpose.