Key facts
- This page summarizes Raymond T. White's Form 4 filing for NN INC (NNBR).
- 3 reported transactions and 16 derivative rows are listed below.
- Accepted by SEC: 14 May 2026, 18:23.
Raymond T. White - 12 May 2026 Form 4 Insider Report for NN INC (NNBR)
- Reporting relationship
- Director
- Issuer ticker
- NNBR
- Reported as of
- 12 May 2026
- Net transaction value
- -$45,298
- SEC form
- 4
- Accepted by SEC
- 14 May 2026, 18:23:41 UTC
- Prior SEC filing
- 20 Mar 2026
- Next SEC filing
- 11 Jun 2026
- Source filing
- View source filing
- Reporting owner signature
- /s/ Raymond T. White
Source evidence
Original filing metadata and source links for verification.
5 source fields
Reporting owner
1 detail
Key filing fact
Raymond T. White filed Form 4 for NN INC (NNBR) on 14 May 2026.
Change
- Previous filing in this sequence was filed on 20 Mar 2026.
- Current net transaction value: -$45,298.
Research use
- This tells you what this filing adds before you inspect full transaction and derivative tables.
- You can trace every row back to the original SEC filing document.
Evidence
Filed on Form 4
View source filing
Ownership activity is grounded in SEC Form 4 disclosures.
Reporting Owners (8)
CIK 0001682494
Primary reporting owner
White Raymond T.
- Relationship
- Director
- Address
- 12121 WILSHIRE BLVD., SUITE 1240, LOS ANGELES
- Signature
- /s/ Raymond T. White
- Signature date
- 14 May 2026
CIK 0001560207
Legion Partners Asset Management, LLC
- Relationship
- Director
- Address
- 12121 WILSHIRE BLVD., SUITE 1240, LOS ANGELES
- Signature
- Legion Partners Asset Management, LLC, By: /s/ Raymond T. White, Managing Director
- Signature date
- 14 May 2026
CIK 0001595909
Legion Partners, L.P. I
- Relationship
- Director
- Address
- 12121 WILSHIRE BLVD., SUITE 1240, LOS ANGELES
- Signature
- Legion Partners, L.P. I, By: Legion Partners Asset Management, LLC, By: /s/ Raymond T. White, Managing Director
- Signature date
- 14 May 2026
CIK 0001618783
Legion Partners, L.P. II
- Relationship
- Director
- Address
- 12121 WILSHIRE BLVD., SUITE 1240, LOS ANGELES
- Signature
- Legion Partners, L.P. II, By: Legion Partners Asset Management, LLC, By: /s/ Raymond T. White, Managing Director
- Signature date
- 14 May 2026
CIK 0001768000
Legion Partners Special Opportunities, L.P. XI
- Relationship
- Director
- Address
- 12121 WILSHIRE BLVD., SUITE 1240, LOS ANGELES
- Signature
- Legion Partners Special Opportunities, L.P. XI, By: Legion Partners Asset Management, LLC, By: /s/ Raymond T. White, Managing Director
- Signature date
- 14 May 2026
CIK 0001682390
Legion Partners, LLC
- Relationship
- Director
- Address
- 12121 WILSHIRE BLVD., SUITE 1240, LOS ANGELES
- Signature
- Legion Partners, LLC, By: Legion Partners Holdings, LLC, By: /s/ Raymond T. White, Managing Member
- Signature date
- 14 May 2026
CIK 0001682389
Legion Partners Holdings, LLC
- Relationship
- Director
- Address
- 12121 WILSHIRE BLVD., SUITE 1240, LOS ANGELES
- Signature
- Legion Partners Holdings, LLC, By: /s/ Raymond T. White, Managing Member
- Signature date
- 14 May 2026
CIK 0001432744
Kiper Christopher S
- Relationship
- Director
- Address
- 12121 WILSHIRE BLVD., SUITE 1240, LOS ANGELES
- Signature
- /s/ Christopher S. Kiper
- Signature date
- 14 May 2026
Reported non-derivative transactions
Shares, units, or other non-derivative securities reported in this filing.
NNBR
transaction
Common Stock
Sale
- Transaction value
- $45,298
- Shares
- -18,782
- Change %
- -2.1%
- Price
- $2.41
- Shares after
- 858,283
- Date
- 12 May 2026
- Ownership
- By: Legion Partners Special Opportunities, L.P. XI
- Footnotes
- F1, F2, F7
NNBR
transaction
Common Stock
Sale
- Transaction value
- $45,298
- Shares
- -18,782
- Change %
- -2.1%
- Price
- $2.41
- Shares after
- 858,283
- Date
- 12 May 2026
- Ownership
- By: Legion Partners Special Opportunities, L.P. XI
- Footnotes
- F1, F2, F7
NNBR
transaction
Common Stock
Sale
- Transaction value
- $45,298
- Shares
- -18,782
- Change %
- -2.1%
- Price
- $2.41
- Shares after
- 858,283
- Date
- 12 May 2026
- Ownership
- By: Legion Partners Special Opportunities, L.P. XI
- Footnotes
- F1, F2, F7
NNBR
transaction
Common Stock
Sale
- Transaction value
- $45,298
- Shares
- -18,782
- Change %
- -2.1%
- Price
- $2.41
- Shares after
- 858,283
- Date
- 12 May 2026
- Ownership
- By: Legion Partners Special Opportunities, L.P. XI
- Footnotes
- F1, F2, F7
NNBR
transaction
Common Stock
Sale
- Transaction value
- $45,298
- Shares
- -18,782
- Change %
- -2.1%
- Price
- $2.41
- Shares after
- 858,283
- Date
- 12 May 2026
- Ownership
- By: Legion Partners Special Opportunities, L.P. XI
- Footnotes
- F1, F2, F7
NNBR
transaction
Common Stock
Sale
- Transaction value
- $45,298
- Shares
- -18,782
- Change %
- -2.1%
- Price
- $2.41
- Shares after
- 858,283
- Date
- 12 May 2026
- Ownership
- By: Legion Partners Special Opportunities, L.P. XI
- Footnotes
- F1, F2, F7
NNBR
transaction
Common Stock
Sale
- Transaction value
- $45,298
- Shares
- -18,782
- Change %
- -2.1%
- Price
- $2.41
- Shares after
- 858,283
- Date
- 12 May 2026
- Ownership
- By: Legion Partners Special Opportunities, L.P. XI
- Footnotes
- F1, F2, F7
NNBR
transaction
Common Stock
Sale
- Transaction value
- $45,298
- Shares
- -18,782
- Change %
- -2.1%
- Price
- $2.41
- Shares after
- 858,283
- Date
- 12 May 2026
- Ownership
- By: Legion Partners Special Opportunities, L.P. XI
- Footnotes
- F1, F2, F7
NNBR
holding
Common Stock
No transaction description listed
- Transaction value
- Shares
- Change %
- Price
- Shares after
- 3,519,420
- Date
- 12 May 2026
- Ownership
- By: Legion Partners, L.P. I
- Footnotes
- F1, F5
NNBR
holding
Common Stock
No transaction description listed
- Transaction value
- Shares
- Change %
- Price
- Shares after
- 3,519,420
- Date
- 12 May 2026
- Ownership
- By: Legion Partners, L.P. I
- Footnotes
- F1, F5
NNBR
holding
Common Stock
No transaction description listed
- Transaction value
- Shares
- Change %
- Price
- Shares after
- 3,519,420
- Date
- 12 May 2026
- Ownership
- By: Legion Partners, L.P. I
- Footnotes
- F1, F5
NNBR
holding
Common Stock
No transaction description listed
- Transaction value
- Shares
- Change %
- Price
- Shares after
- 3,519,420
- Date
- 12 May 2026
- Ownership
- By: Legion Partners, L.P. I
- Footnotes
- F1, F5
NNBR
holding
Common Stock
No transaction description listed
- Transaction value
- Shares
- Change %
- Price
- Shares after
- 3,519,420
- Date
- 12 May 2026
- Ownership
- By: Legion Partners, L.P. I
- Footnotes
- F1, F5
NNBR
holding
Common Stock
No transaction description listed
- Transaction value
- Shares
- Change %
- Price
- Shares after
- 3,519,420
- Date
- 12 May 2026
- Ownership
- By: Legion Partners, L.P. I
- Footnotes
- F1, F5
NNBR
holding
Common Stock
No transaction description listed
- Transaction value
- Shares
- Change %
- Price
- Shares after
- 3,519,420
- Date
- 12 May 2026
- Ownership
- By: Legion Partners, L.P. I
- Footnotes
- F1, F5
NNBR
holding
Common Stock
No transaction description listed
- Transaction value
- Shares
- Change %
- Price
- Shares after
- 3,519,420
- Date
- 12 May 2026
- Ownership
- By: Legion Partners, L.P. I
- Footnotes
- F1, F5
NNBR
holding
Common Stock
No transaction description listed
- Transaction value
- Shares
- Change %
- Price
- Shares after
- 395,144
- Date
- 12 May 2026
- Ownership
- By: Legion Partners, L.P. II
- Footnotes
- F1, F6
NNBR
holding
Common Stock
No transaction description listed
- Transaction value
- Shares
- Change %
- Price
- Shares after
- 395,144
- Date
- 12 May 2026
- Ownership
- By: Legion Partners, L.P. II
- Footnotes
- F1, F6
NNBR
holding
Common Stock
No transaction description listed
- Transaction value
- Shares
- Change %
- Price
- Shares after
- 395,144
- Date
- 12 May 2026
- Ownership
- By: Legion Partners, L.P. II
- Footnotes
- F1, F6
NNBR
holding
Common Stock
No transaction description listed
- Transaction value
- Shares
- Change %
- Price
- Shares after
- 395,144
- Date
- 12 May 2026
- Ownership
- By: Legion Partners, L.P. II
- Footnotes
- F1, F6
NNBR
holding
Common Stock
No transaction description listed
- Transaction value
- Shares
- Change %
- Price
- Shares after
- 395,144
- Date
- 12 May 2026
- Ownership
- By: Legion Partners, L.P. II
- Footnotes
- F1, F6
NNBR
holding
Common Stock
No transaction description listed
- Transaction value
- Shares
- Change %
- Price
- Shares after
- 395,144
- Date
- 12 May 2026
- Ownership
- By: Legion Partners, L.P. II
- Footnotes
- F1, F6
NNBR
holding
Common Stock
No transaction description listed
- Transaction value
- Shares
- Change %
- Price
- Shares after
- 395,144
- Date
- 12 May 2026
- Ownership
- By: Legion Partners, L.P. II
- Footnotes
- F1, F6
NNBR
holding
Common Stock
No transaction description listed
- Transaction value
- Shares
- Change %
- Price
- Shares after
- 395,144
- Date
- 12 May 2026
- Ownership
- By: Legion Partners, L.P. II
- Footnotes
- F1, F6
NNBR
holding
Common Stock
No transaction description listed
- Transaction value
- Shares
- Change %
- Price
- Shares after
- 300
- Date
- 12 May 2026
- Ownership
- By: Legion Partners Holdings, LLC
- Footnotes
- F1, F8
NNBR
holding
Common Stock
No transaction description listed
- Transaction value
- Shares
- Change %
- Price
- Shares after
- 300
- Date
- 12 May 2026
- Ownership
- By: Legion Partners Holdings, LLC
- Footnotes
- F1, F8
NNBR
holding
Common Stock
No transaction description listed
- Transaction value
- Shares
- Change %
- Price
- Shares after
- 300
- Date
- 12 May 2026
- Ownership
- By: Legion Partners Holdings, LLC
- Footnotes
- F1, F8
NNBR
holding
Common Stock
No transaction description listed
- Transaction value
- Shares
- Change %
- Price
- Shares after
- 300
- Date
- 12 May 2026
- Ownership
- By: Legion Partners Holdings, LLC
- Footnotes
- F1, F8
NNBR
holding
Common Stock
No transaction description listed
- Transaction value
- Shares
- Change %
- Price
- Shares after
- 300
- Date
- 12 May 2026
- Ownership
- By: Legion Partners Holdings, LLC
- Footnotes
- F1, F8
NNBR
holding
Common Stock
No transaction description listed
- Transaction value
- Shares
- Change %
- Price
- Shares after
- 300
- Date
- 12 May 2026
- Ownership
- By: Legion Partners Holdings, LLC
- Footnotes
- F1, F8
NNBR
holding
Common Stock
No transaction description listed
- Transaction value
- Shares
- Change %
- Price
- Shares after
- 300
- Date
- 12 May 2026
- Ownership
- By: Legion Partners Holdings, LLC
- Footnotes
- F1, F8
NNBR
holding
Common Stock
No transaction description listed
- Transaction value
- Shares
- Change %
- Price
- Shares after
- 300
- Date
- 12 May 2026
- Ownership
- By: Legion Partners Holdings, LLC
- Footnotes
- F1, F8
NNBR
holding
Common Stock
No transaction description listed
- Transaction value
- Shares
- Change %
- Price
- Shares after
- 49,079
- Date
- 12 May 2026
- Ownership
- Direct
- Footnotes
- F1, F3, F4
NNBR
holding
Common Stock
No transaction description listed
- Transaction value
- Shares
- Change %
- Price
- Shares after
- 49,079
- Date
- 12 May 2026
- Ownership
- Direct
- Footnotes
- F1, F3, F4
NNBR
holding
Common Stock
No transaction description listed
- Transaction value
- Shares
- Change %
- Price
- Shares after
- 49,079
- Date
- 12 May 2026
- Ownership
- Direct
- Footnotes
- F1, F3, F4
NNBR
holding
Common Stock
No transaction description listed
- Transaction value
- Shares
- Change %
- Price
- Shares after
- 49,079
- Date
- 12 May 2026
- Ownership
- Direct
- Footnotes
- F1, F3, F4
NNBR
holding
Common Stock
No transaction description listed
- Transaction value
- Shares
- Change %
- Price
- Shares after
- 49,079
- Date
- 12 May 2026
- Ownership
- Direct
- Footnotes
- F1, F3, F4
NNBR
holding
Common Stock
No transaction description listed
- Transaction value
- Shares
- Change %
- Price
- Shares after
- 49,079
- Date
- 12 May 2026
- Ownership
- Direct
- Footnotes
- F1, F3, F4
NNBR
holding
Common Stock
No transaction description listed
- Transaction value
- Shares
- Change %
- Price
- Shares after
- 49,079
- Date
- 12 May 2026
- Ownership
- Direct
- Footnotes
- F1, F3, F4
NNBR
holding
Common Stock
No transaction description listed
- Transaction value
- Shares
- Change %
- Price
- Shares after
- 49,079
- Date
- 12 May 2026
- Ownership
- Direct
- Footnotes
- F1, F3, F4
Reported derivative securities
Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.
NNBR
transaction
Derivative
Cash-Settled Total Return Swap
Sale
- Transaction value
- Shares
- -134,423
- Change %
- -4.9%
- Price
- Shares after
- 2,623,434
- Date
- 12 May 2026
- Ownership
- By: Legion Partners, L.P. I
- Underlying class
- Common Stock
- Underlying amount
- 134,423
- Exercise price
- $2.99
- Footnotes
- F1, F5, F9, F10
NNBR
transaction
Derivative
Cash-Settled Total Return Swap
Sale
- Transaction value
- Shares
- -134,423
- Change %
- -4.9%
- Price
- Shares after
- 2,623,434
- Date
- 12 May 2026
- Ownership
- By: Legion Partners, L.P. I
- Underlying class
- Common Stock
- Underlying amount
- 134,423
- Exercise price
- $2.99
- Footnotes
- F1, F5, F9, F10
NNBR
transaction
Derivative
Cash-Settled Total Return Swap
Sale
- Transaction value
- Shares
- -134,423
- Change %
- -4.9%
- Price
- Shares after
- 2,623,434
- Date
- 12 May 2026
- Ownership
- By: Legion Partners, L.P. I
- Underlying class
- Common Stock
- Underlying amount
- 134,423
- Exercise price
- $2.99
- Footnotes
- F1, F5, F9, F10
NNBR
transaction
Derivative
Cash-Settled Total Return Swap
Sale
- Transaction value
- Shares
- -134,423
- Change %
- -4.9%
- Price
- Shares after
- 2,623,434
- Date
- 12 May 2026
- Ownership
- By: Legion Partners, L.P. I
- Underlying class
- Common Stock
- Underlying amount
- 134,423
- Exercise price
- $2.99
- Footnotes
- F1, F5, F9, F10
NNBR
transaction
Derivative
Cash-Settled Total Return Swap
Sale
- Transaction value
- Shares
- -134,423
- Change %
- -4.9%
- Price
- Shares after
- 2,623,434
- Date
- 12 May 2026
- Ownership
- By: Legion Partners, L.P. I
- Underlying class
- Common Stock
- Underlying amount
- 134,423
- Exercise price
- $2.99
- Footnotes
- F1, F5, F9, F10
NNBR
transaction
Derivative
Cash-Settled Total Return Swap
Sale
- Transaction value
- Shares
- -134,423
- Change %
- -4.9%
- Price
- Shares after
- 2,623,434
- Date
- 12 May 2026
- Ownership
- By: Legion Partners, L.P. I
- Underlying class
- Common Stock
- Underlying amount
- 134,423
- Exercise price
- $2.99
- Footnotes
- F1, F5, F9, F10
NNBR
transaction
Derivative
Cash-Settled Total Return Swap
Sale
- Transaction value
- Shares
- -134,423
- Change %
- -4.9%
- Price
- Shares after
- 2,623,434
- Date
- 12 May 2026
- Ownership
- By: Legion Partners, L.P. I
- Underlying class
- Common Stock
- Underlying amount
- 134,423
- Exercise price
- $2.99
- Footnotes
- F1, F5, F9, F10
NNBR
transaction
Derivative
Cash-Settled Total Return Swap
Sale
- Transaction value
- Shares
- -134,423
- Change %
- -4.9%
- Price
- Shares after
- 2,623,434
- Date
- 12 May 2026
- Ownership
- By: Legion Partners, L.P. I
- Underlying class
- Common Stock
- Underlying amount
- 134,423
- Exercise price
- $2.99
- Footnotes
- F1, F5, F9, F10
NNBR
transaction
Derivative
Cash-Settled Total Return Swap
Sale
- Transaction value
- Shares
- -13,750
- Change %
- -5.6%
- Price
- Shares after
- 233,225
- Date
- 12 May 2026
- Ownership
- By: Legion Partners, L.P. II
- Underlying class
- Common Stock
- Underlying amount
- 13,750
- Exercise price
- $2.93
- Footnotes
- F1, F6, F9, F10
NNBR
transaction
Derivative
Cash-Settled Total Return Swap
Sale
- Transaction value
- Shares
- -13,750
- Change %
- -5.6%
- Price
- Shares after
- 233,225
- Date
- 12 May 2026
- Ownership
- By: Legion Partners, L.P. II
- Underlying class
- Common Stock
- Underlying amount
- 13,750
- Exercise price
- $2.93
- Footnotes
- F1, F6, F9, F10
NNBR
transaction
Derivative
Cash-Settled Total Return Swap
Sale
- Transaction value
- Shares
- -13,750
- Change %
- -5.6%
- Price
- Shares after
- 233,225
- Date
- 12 May 2026
- Ownership
- By: Legion Partners, L.P. II
- Underlying class
- Common Stock
- Underlying amount
- 13,750
- Exercise price
- $2.93
- Footnotes
- F1, F6, F9, F10
NNBR
transaction
Derivative
Cash-Settled Total Return Swap
Sale
- Transaction value
- Shares
- -13,750
- Change %
- -5.6%
- Price
- Shares after
- 233,225
- Date
- 12 May 2026
- Ownership
- By: Legion Partners, L.P. II
- Underlying class
- Common Stock
- Underlying amount
- 13,750
- Exercise price
- $2.93
- Footnotes
- F1, F6, F9, F10
NNBR
transaction
Derivative
Cash-Settled Total Return Swap
Sale
- Transaction value
- Shares
- -13,750
- Change %
- -5.6%
- Price
- Shares after
- 233,225
- Date
- 12 May 2026
- Ownership
- By: Legion Partners, L.P. II
- Underlying class
- Common Stock
- Underlying amount
- 13,750
- Exercise price
- $2.93
- Footnotes
- F1, F6, F9, F10
NNBR
transaction
Derivative
Cash-Settled Total Return Swap
Sale
- Transaction value
- Shares
- -13,750
- Change %
- -5.6%
- Price
- Shares after
- 233,225
- Date
- 12 May 2026
- Ownership
- By: Legion Partners, L.P. II
- Underlying class
- Common Stock
- Underlying amount
- 13,750
- Exercise price
- $2.93
- Footnotes
- F1, F6, F9, F10
NNBR
transaction
Derivative
Cash-Settled Total Return Swap
Sale
- Transaction value
- Shares
- -13,750
- Change %
- -5.6%
- Price
- Shares after
- 233,225
- Date
- 12 May 2026
- Ownership
- By: Legion Partners, L.P. II
- Underlying class
- Common Stock
- Underlying amount
- 13,750
- Exercise price
- $2.93
- Footnotes
- F1, F6, F9, F10
NNBR
transaction
Derivative
Cash-Settled Total Return Swap
Sale
- Transaction value
- Shares
- -13,750
- Change %
- -5.6%
- Price
- Shares after
- 233,225
- Date
- 12 May 2026
- Ownership
- By: Legion Partners, L.P. II
- Underlying class
- Common Stock
- Underlying amount
- 13,750
- Exercise price
- $2.93
- Footnotes
- F1, F6, F9, F10
* marks a reported price that did not pass the local price check.
Additional SEC filing notes
Filing notes and footnotes
Explanation of responses 10 footnotes
Footnote F1
This Form 4 is filed jointly by Legion Partners, L.P. I ("Legion Partners I"), Legion Partners, L.P. II ("Legion Partners II"), Legion Partners Special Opportunities, L.P. XI ("Legion Partners Special Opportunities"), Legion Partners, LLC ("General Partner"), Legion Partners Asset Management, LLC ("Legion Partners Asset Management"), Legion Partners Holdings, LLC ("Legion Partners Holdings"), Christopher S. Kiper and Raymond T. White (collectively, the "Reporting Persons"). Each Reporting Person disclaims beneficial ownership of the securities reported herein except to the extent of his or its pecuniary interest therein, and this report shall not be deemed to be an admission that any Reporting Person is the beneficial owner of such securities for purposes of Section 16 or for any other purpose.
Footnote F2
The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $2.4000 to $2.5500, inclusive. 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 range set forth in this footnote.
Footnote F3
Mr. White serves on the Board of the Issuer as a representative of Legion Partners Asset Management and its affiliates. Mr. White does not have a right to any economic interest in securities of the Issuer granted to him by the Issuer in respect of his Board position, except to the extent of his role as a Managing Director of Legion Partners Asset Management. Legion Partners Asset Management is entitled to receive all of the economic interest in securities granted to Mr. White by the Issuer in respect of Mr. White's Board position. Mr. White disclaims beneficial ownership of the Issuer's securities to which this report relates and at no time has Mr. White had any economic interest in such securities except any indirect economic interest through Legion Partners Asset Management and its affiliates, entities in which Mr. White has a controlling interest and investment control.
Footnote F4
Legion Partners Holdings is the sole member of Legion Partners Asset Management and each of Messrs. Kiper and White are Managing Directors of Legion Partners Asset Management. As a result of these relationships, Legion Partners Holdings and Messrs. Kiper and White may be deemed to beneficially own the securities owned directly by Legion Partners Asset Management.
Footnote F5
Securities owned directly by Legion Partners I. General Partner is the general partner of Legion Partners I, Legion Partners Asset Management is the investment advisor of Legion Partners I, Legion Partners Holdings is the sole member of Legion Partners Asset Management and managing member of General Partner, and each of Messrs. Kiper and White are managing directors of Legion Partners Asset Management and managing members of Legion Partners Holdings. As a result of these relationships, General Partner, Legion Partners Asset Management, Legion Partners Holdings and Messrs. Kiper and White may be deemed to beneficially own the securities owned directly by Legion Partners I.
Footnote F6
Securities owned directly by Legion Partners II. General Partner is the general partner of Legion Partners II, Legion Partners Asset Management is the investment advisor of Legion Partners II, Legion Partners Holdings is the sole member of Legion Partners Asset Management and managing member of General Partner, and each of Messrs. Kiper and White are managing directors of Legion Partners Asset Management and managing members of Legion Partners Holdings. As a result of these relationships, General Partner, Legion Partners Asset Management, Legion Partners Holdings and Messrs. Kiper and White may be deemed to beneficially own the securities owned directly by Legion Partners II.
Footnote F7
Securities owned directly by Legion Partners Special Opportunities. General Partner is the general partner of Legion Partners Special Opportunities, Legion Partners Asset Management is the investment advisor of Legion Partners Special Opportunities, Legion Partners Holdings is the sole member of Legion Partners Asset Management and managing member of General Partner, and each of Messrs. White and Kiper are managing directors of Legion Partners Asset Management and managing members of Legion Partners Holdings. As a result of these relationships, General Partner, Legion Partners Asset Management, Legion Partners Holdings and Messrs. White and Kiper may be deemed to beneficially own the securities owned directly by Legion Partners Special Opportunities.
Footnote F8
Securities owned directly by Legion Partners Holdings. As managing members of Legion Partners Holdings, Messrs. Kiper and White may be deemed to beneficially own the securities owned directly by Legion Partners Holdings.
Footnote F9
Represents the reference price associated with the applicable Swap Agreement (as defined below).
Footnote F10
Represent certain cash-settled total return swap agreements (the "Swap Agreements") with an unaffiliated third party financial institution, which provide economic exposure to the number of notional shares set forth in Column 9. The Swap Agreements provide the holder thereof with economic results that are comparable to the economic results of ownership but do not provide the power to vote or direct the voting or dispose of or direct the disposition of the shares of common stock that are the subject of the Swap Agreements (the "Subject Shares"). The Reporting Persons do not have the right or ability to convert the Subject Shares into shares of common stock at any time. Each Reporting Person expressly disclaims beneficial ownership of the Subject Shares except to the extent of his or its pecuniary interest therein.
SEC remarks
Raymond T. White, a managing director of Legion Partners Asset Management, is a director of the Issuer. For purposes of Section 16 of the Securities Exchange Act of 1934, as amended, each of the Reporting Persons (other than Mr. White) may be deemed a director by deputization by virtue of its or his representation on the Board of Directors of the Issuer.