Corre Partners Management, LLC - 14 Jan 2025 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
14 Jan 2025
Net transactions value
-$1,656,751
Form type
4
Filing time
15 Jan 2025, 20:22:55 UTC
Previous filing
17 Jun 2024
Next filing
04 Jun 2025

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 Sale $1,031,638 -274,379 -4.8% $3.76 5,453,147 14 Jan 2025 Footnote F1, F3
transaction NNBR Common Stock, par value $0.01 per share Sale $295,310 -78,542 -8.7% $3.76 827,193 14 Jan 2025 Footnote F1, F4
transaction NNBR Common Stock, par value $0.01 per share Sale $256,407 -58,083 -1.1% $4.41 5,395,064 14 Jan 2025 Footnote F2, F3
transaction NNBR Common Stock, par value $0.01 per share Sale $73,395 -16,626 -2% $4.41 810,567 14 Jan 2025 Footnote F2, F4
* 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 sold in multiple transactions within the range of $3.26 to $4.26. 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 sold at each separate price within the ranges set forth in this footnote.
F2 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions within the range of $4.28 to $4.58. 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 sold at each separate price within the ranges set forth in this footnote.
F3 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.
F4 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.