4//SEC Filing
NN INC 4
Accession 0001140361-16-058447
$NNBRCIK 0000918541operating
Filed
Mar 17, 8:00 PM ET
Accepted
Mar 18, 5:52 PM ET
Size
7.7 KB
Accession
0001140361-16-058447
Insider Transaction Report
Form 4
NN INCNNBR
DORTON JAMES HAROLD
VP Chief Financial Officer
Transactions
- Award
Common Stock
2016-03-16+8,850→ 62,456 total - Award
Performance Rights
2016-03-16+8,850→ 8,850 total→ Common Stock (8,850 underlying)
Footnotes (3)
- [F1]Shares are restricted stock, which vest in three equal annual installments beginning on March 16, 2017.
- [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, 2016 and ending December 31, 2018. The Performance rights will vest on December 31, 2018 subject to the reporting person's continuous employment through December 31, 2018 and subject to certain conditions as set forth in the Issuer's 2011 Stock 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, 2018 expire automatically.
Documents
Issuer
NN INC
CIK 0000918541
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0000918541
Filing Metadata
- Form type
- 4
- Filed
- Mar 17, 8:00 PM ET
- Accepted
- Mar 18, 5:52 PM ET
- Size
- 7.7 KB