4//SEC Filing
BURWELL THOMAS C. Jr. 4
Accession 0000899243-18-011176
CIK 0000918541other
Filed
May 1, 8:00 PM ET
Accepted
May 2, 7:43 PM ET
Size
11.1 KB
Accession
0000899243-18-011176
Insider Transaction Report
Form 4
NN INCNNBR
BURWELL THOMAS C. Jr.
VP Controller/Chief Acct. Off
Transactions
- Exercise/Conversion
Common Stock
2018-04-30+1,549→ 40,379 total - Award
Common Stock
2018-04-30+2,258→ 38,830 total - Tax Payment
Common Stock
2018-04-30$20.30/sh−1,050$21,315→ 39,329 total - Exercise/Conversion
Performance Rights
2018-04-30−1,540→ 0 total→ Common Stock (1,540 underlying)
Footnotes (4)
- [F1]Represents settlement of performance rights that vested on April 30, 2018 based on the return of invested capital of NN, Inc. (the "Issuer") over the performance period beginning February 1, 2015 and ending December 31, 2017.
- [F2]Represents the amount of shares delivered to satisfy applicable tax withholding obligations in connection with the vesting of shares of restricted stock and performance rights.
- [F3]Each performance right represented a contingent right to receive one share of common stock of the Issuer.
- [F4]The vesting of the performance rights was 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 February 1, 2015 and ending December 31, 2017. The performance rights vested on April 30, 2018. Performance rights granted represented the right to receive the target shares, and actual performance rights earned resulted in a payout of 100.6% of the target shares.
Documents
Issuer
NN INC
CIK 0000918541
Entity typeother
Related Parties
1- filerCIK 0001529081
Filing Metadata
- Form type
- 4
- Filed
- May 1, 8:00 PM ET
- Accepted
- May 2, 7:43 PM ET
- Size
- 11.1 KB