4//SEC Filing
FELCHER, JR. MICHAEL C. 4
Accession 0000918541-23-000055
CIK 0000918541other
Filed
Apr 3, 8:00 PM ET
Accepted
Apr 4, 6:44 PM ET
Size
7.6 KB
Accession
0000918541-23-000055
Insider Transaction Report
Form 4
NN INCNNBR
FELCHER, JR. MICHAEL C.
See Remarks
Transactions
- Award
Performance Rights
2023-04-01+252,336→ 252,336 total→ Common Stock (252,336 underlying) - Award
Common Stock
2023-04-01+126,168→ 183,484 total
Footnotes (3)
- [F1]Shares are restricted stock and vest in three equal annual installments beginning on April 1, 2024.
- [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 2022 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, 2023 and ending December 31, 2025. 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.
Documents
Issuer
NN INC
CIK 0000918541
Entity typeother
Related Parties
1- filerCIK 0001867919
Filing Metadata
- Form type
- 4
- Filed
- Apr 3, 8:00 PM ET
- Accepted
- Apr 4, 6:44 PM ET
- Size
- 7.6 KB