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NN INC Director's Dealing 2017

Mar 21, 2017

34157_dirs_2017-03-20_c9bf7db5-f84a-4474-b4c7-ee5232b43ccf.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: NN INC (NNBR)
CIK: 0000918541
Period of Report: 2015-03-20

Reporting Person: MANZAGOL L JEFFREY (SVP/GM-Precision Bearings Comp)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2015-03-20 Common Stock P 1500 $23.56 Acquired 21744 Direct
2015-11-06 Common Stock F 441 $15.75 Disposed 21303 Direct
2016-04-30 Common Stock F 288 $15.04 Disposed 21015 Direct
2017-03-16 Common Stock F 671 $22.55 Disposed 20344 Direct
2017-03-17 Common Stock F 125 $24.20 Disposed 20219 Direct
2017-03-17 Common Stock A 3836 $0.00 Acquired 24055 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2017-03-17 Performance Rights $ A 3362 Acquired Common Stock (3362) Direct

Footnotes

F1: Represents the amount of shares delivered to satisfy applicable tax withholding obligations in connection with the vesting of shares of restricted stock.

F2: Shares are restricted stock and vest in three equal annual installments beginning on March 17, 2018.

F3: Each performance right represents a contingent right to receive one share of common stock of NN, Inc. (the "Issuer").

F4: The vesting of the performance rights is based on the relative total shareholder return ("TSR") of the Issuer, as compared to the TSR of the S&P SmallCap 600 Index over the period beginning on January 1, 2017 and ending December 31, 2019. The performance rights will vest on December 31, 2019 subject to the reporting person's continuous employment through December 31, 2019 and subject to certain conditions as set forth in the Issuer's 2016 Omnibus Incentive Plan. Performance rights granted represent the right to receive the target shares, and actual performance rights earned may be between 50% and 150% of the target shares. Performance rights that do not vest on December 31, 2019 expire automatically.