NN INC — Director's Dealing 2022

Mar 30, 2022

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: NN INC (NNBR)
CIK: 0000918541
Period of Report: 2022-03-28

Reporting Person: Veltman Warren A (Director, President and CEO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2022-03-28	Common Stock	A	208798	—	Acquired	426874	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2022-03-28	Performance Rights	$	A	195870	Acquired		Common Stock (195870.0)	Direct

Footnotes

F1: Shares are restricted stock and vest in three equal annual installments beginning on March 28, 2023.

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 2019 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 S&P "MicroCap" Capital Goods Index over the period beginning on January 1, 2022 and ending December 31, 2024. 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.