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NN INC Director's Dealing 2014

Sep 8, 2014

34157_dirs_2014-09-08_8118f50e-1748-4ba1-91ff-0890ff53656a.zip

Director's Dealing

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SEC Form 3 — Initial Statement of Beneficial Ownership

Issuer: NN INC (NNBR)
CIK: 0000918541
Period of Report: 2014-08-29

Reporting Person: KENNEDY JOHN C (Director)

Holdings (Non-Derivative)

Security Shares Ownership
Common Stock 1088956 Direct
Common Stock 100 Indirect
Common Stock 20 Indirect

Footnotes

F1: The Reporting Person acquired 1,086,956 shares of issuer common stock in exchange for the Reporting Person's equity interest in Autocam Corporation, a Michigan corporation ("Autocam"), which merged into a subsidiary of the issuer (the "Merger") pursuant to the terms of that certain Agreement and Plan of Merger (the "Merger Agreement") among the issuer, PMC Global Acquisition Corporation, a Michigan corporation, Autocam, Newport Global Advisors, L.P., a Delaware limited partnership, and the Reporting Person. (Continued to footnote 2)

F2: The shares of issuer common stock were issued at a fixed value of $23 per share. 652,174 shares of issuer common stock are currently being held in escrow and are subject to forfeiture to satisfy claims arising due to any post-closing purchase price adjustment made pursuant to the Merger Agreement or due to Autocam's breach of any of its representations, warranties or covenants in the Merger Agreement. The Reporting Person became a Section 16 reporting person after the effective time of the merger.