Paul F. DeSantis - 26 Jan 2022 Form 4 Insider Report for Neenah Inc

Role: EVP, CFO & Treasurer
Signature: /s/ Noah S. Benz, by Power of Attorney
Issuer symbol: N/A
Transactions as of: 26 Jan 2022
Net transactions value: +$149,453
Form type: 4
Filing time: 11 Feb 2022, 10:39:11 UTC
Previous filing: 14 May 2021
Next filing: 16 May 2022
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	NP	Common stock	Award	$164,981	+3,592	+17%	$45.93	24,315	26 Jan 2022	Direct	F1, F2
transaction	NP	Common stock	Tax liability	$15,528	-334	-1.4%	$46.49	23,981	02 Feb 2022	Direct	F3

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	NP	Performance Share Units	Award	$0	+8,382		$0.000000	8,382	26 Jan 2022	Common stock	8,382		Direct	F4, F5, F6

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

Explanation of Responses:

Id	Content
F1	Represents annual grant of restricted stock units pursuant to the company's Omnibus Stock and Incentive Compensation Plan.
F2	The restricted stock units vest in increments of one-third on 1/26/2023, 1/26/2024 and 1/26/2025.
F3	Number of shares withheld by the company to pay taxes upon the vesting of 943 restricted shares on 2/2/2022.
F4	The units are convertible to common stock on a one-for-one basis.
F5	Represents annual grant of performance share units pursuant to the company's Omnibus Stock and Incentive Compensation Plan.
F6	The units do not have an expiration date.