Form 4 for NNBR NN INC
Accepted 2025-03-20 00:00:00 ET · period of report 2025-03-18 · accession 0000950170-25-042875 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| DM | 2025-03-20 | 2025-03-18+ | NNBR | NIXON D. GAIL | Senior VP, Human Resources | F - Tax | $2.61 | -2,120 | 153.6K | -1% | -$5,525 |
| D | 2025-03-20 | 2025-03-18 | NNBR | NIXON D. GAIL | Senior VP, Human Resources | A - Grant | $2.55 | +25.9K | 153.9K | +20% | +$66.1K |
| D | 2025-03-20 | 2025-03-18 | NNBR | NIXON D. GAIL | Senior VP, Human Resources | M - OptEx | — | +1,844 | 155.7K | +1% | — |
| D | 2025-03-20 | 2025-03-18 | NNBR | NIXON D. GAIL | Senior VP, Human Resources | M - OptEx | — | -1,844 | 199.8K | -0.9% | — |
| D | 2025-03-20 | 2025-03-18 | NNBR | NIXON D. GAIL | Senior VP, Human Resources | A - Grant | $0.00 | +51.8K | 201.7K | +35% | $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 | 2025-03-18 | F | D | 628 | $2.55 | 155,115 | D | — | — | (F4) The Reporting Person surrendered shares to the Issuer in order to fulfill tax withholding obligations in connection with the receipt of the PSUs. |
| 2 | Common | Common Stock | 2025-03-19 | F | D | 1,492 | $2.63 | 153,623 | D | — | — | (F5) NN, Inc. (the "Issuer") withheld 1,313 shares from the Reporting Person to cover taxes relating to the vesting of 4,388 shares of restricted stock. |
| 3 | Common | Common Stock | 2025-03-18 | A | A | 25,915 | $2.55 | 153,899 | D | — | — | |
| 4 | Common | Common Stock | 2025-03-18 | M | A | 1,844 | — | 155,743 | D | — | — | (F2) For the performance rights granted in March 2022: Represents shares earned from a Performance Share Unit ("PSU") award based on NN, Inc.'s (the "Issuer") achievement of total shareholder return ("TSR") as compared to the TSR of a custom S&P "MicroCap" Capital Goods Index measured over 2022-2024. (F3) Each PSU represents a contingent right to receive one share of Common Stock of the Issuer. |
| 5 | Derivative | Performance Rights | 2025-03-18 | M | D | 1,844 | — | 199,833 | D | — · — to — | 1,844 Common Stock | (F4) The Reporting Person surrendered shares to the Issuer in order to fulfill tax withholding obligations in connection with the receipt of the PSUs. (F3) Each PSU represents a contingent right to receive one share of Common Stock of the Issuer. (F2) For the performance rights granted in March 2022: Represents shares earned from a Performance Share Unit ("PSU") award based on NN, Inc.'s (the "Issuer") achievement of total shareholder return ("TSR") as compared to the TSR of a custom S&P "MicroCap" Capital Goods Index measured over 2022-2024. |
| 6 | Derivative | Performance Rights | 2025-03-18 | A | A | 51,830 | $0.00 | 201,677 | D | — · — to — | 51,830 Common Stock | (F6) Each performance right represents a contingent right to receive one share of common stock of the Issuer. (F7) The performance rights will vest pursuant to the terms and subject to the conditions set forth in the Issuer's 2022 Amended and Restated Omnibus Incentive Plan and the applicable Performance Share Unit Award Agreement based on the relative TSR of the Issuer over a one-, two-, and three-year period, as compared to the TSR of a custom subset of the S&P SmallCap 600 Capital Goods Index, plus the Issuer's compensation peers not included in the Index), over the period beginning on January 1, 2025 and ending December 31, 2027. 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. |