Julie Schertell - Jan 26, 2022 Form 4 Insider Report for Neenah Inc (NP)

Role
President and CEO, Director
Signature
/s/ Noah S. Benz, by Power of Attorney
Stock symbol
NP
Transactions as of
Jan 26, 2022
Transactions value $
$528,398
Form type
4
Date filed
2/11/2022, 10:40 AM
Previous filing
Jan 24, 2022
Next filing
Jul 18, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NP Common stock Award $599K +13K +52.69% $45.93 37.8K Jan 26, 2022 Direct F1, F2
transaction NP Common stock Tax liability -$70.9K -1.52K -4.03% $46.49 36.3K Feb 2, 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 +30.4K $0.00 30.4K Jan 26, 2022 Common stock 30.4K 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 3,396 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.