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NN INC — Director's Dealing 2018
Mar 17, 2018
34157_dirs_2018-03-16_382d9c41-0d83-430a-a417-bf502dd169aa.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: 2018-03-14
Reporting Person: Atkinson James Robert (EVP, Life Sciences)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2018-03-14 | Common Stock | A | 3000 | $0.00 | Acquired | 8741 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2018-03-14 | Performance Rights | $ | A | 3000 | Acquired | Common Stock (3000) | Direct |
Footnotes
F1: Shares are restricted stock and vest in three equal annual installments beginning on March 14, 2019.
F2: Each performance right represents a contingent right to receive one share of common stock of NN, Inc. (the "Issuer").
F3: 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, 2018 and ending December 31, 2020. The performance rights will vest on December 31, 2020 subject to the reporting person's continuous employment through December 31, 2020 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, 2020 expire automatically.