Home/Filings/4/0000899243-17-008259
4//SEC Filing

NN INC 4

Accession 0000899243-17-008259

$NNBRCIK 0000918541operating

Filed

Mar 19, 8:00 PM ET

Accepted

Mar 20, 8:32 PM ET

Size

13.5 KB

Accession

0000899243-17-008259

Insider Transaction Report

Form 4
Period: 2017-03-16
NN INCNNBR
Transactions
  • Tax Payment

    Common Stock

    2017-03-17$24.20/sh83$2,0094,282 total
  • Tax Payment

    Common Stock

    2017-03-16$22.55/sh245$5,5254,365 total
  • Award

    Performance Rights

    2017-03-17+1,3281,328 total
    Common Stock (1,328 underlying)
  • Award

    Common Stock

    2017-03-17+1,5155,797 total
  • Award

    Stock Options (Right to Buy)

    2017-03-17+13,20013,200 total
    Exercise: $24.20Exp: 2027-03-17Common Stock (13,200 underlying)
Footnotes (5)
  • [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]The option becomes exercisable in three equal annual installments beginning on the first anniversary of the date of grant.
  • [F4]Each performance right represents a contingent right to receive one share of common stock of NN, Inc. (the "Issuer").
  • [F5]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.

Issuer

NN INC

CIK 0000918541

Entity typeoperating
IncorporatedDE

Related Parties

1
  • filerCIK 0000918541

Filing Metadata

Form type
4
Filed
Mar 19, 8:00 PM ET
Accepted
Mar 20, 8:32 PM ET
Size
13.5 KB