Form 4 for NNBR NN INC
Accepted 2024-03-21 00:00:00 ET · period of report 2024-03-19 · accession 0000918541-24-000036 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| D | 2024-03-21 | 2024-03-19 | NNBR | FELCHER, JR. MICHAEL C. | SVP, CFO | A - Grant | $5.02 | +26.9K | 209.7K | +15% | +$135.0K |
| D | 2024-03-21 | 2024-03-19 | NNBR | FELCHER, JR. MICHAEL C. | SVP, CFO | A - Grant | $0.00 | +53.8K | 53.8K | New | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock | 2024-03-19 | A | A | 26,892 | $5.02 | 209,730 | D | — | — | |
| 2 | Derivative | Performance Rights | 2024-03-19 | A | A | 53,784 | $0.00 | 53,784 | D | — · — to — | 53,784 Common Stock | (F2) Each performance right represents a contingent right to receive one share of common stock of NN, Inc. (the "Issuer"). (F3) The performance rights will vest pursuant to the terms and subject to the conditions set forth in the Issuer's 2022 Omnibus Incentive Plan and the applicable Performance Share Unit Award Agreement based on the relative total shareholder return ("TSR") of the Issuer, as compared to the TSR of a custom subset of the S&P SmallCap 600 Index over the period beginning on January 1, 2024 and ending December 31, 2026. The performance rights granted represent the right to receive the target shares, and actual performance rights earned may be between 25% and 150% of the target shares. |