Jami Statham - Mar 18, 2025 Form 4 Insider Report for NN INC (NNBR)

Role
SVP, General Counsel
Signature
/s/ Richard F. Mattern by Power of Attorney
Stock symbol
NNBR
Transactions as of
Mar 18, 2025
Transactions value $
$99,164
Form type
4
Date filed
3/20/2025, 07:55 PM
Previous filing
Jul 10, 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NNBR Common Stock Award $99.2K +38.9K +244.89% $2.55 54.8K Mar 18, 2025 Direct F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction NNBR Performance Rights Award $0 +77.8K +244.89% $0.00 110K Mar 18, 2025 Common Stock 77.8K Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Shares are restricted stock and vest in three equal annual installments beginning on March 18, 2026.
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 Amended and Restated Omnibus Incentive Plan and the applicable Performance Share Unit Award Agreement based on the relative total shareholder return ("TSR") of the Issuer over a one-, two-, and three-year period, as compared to the TSR of a custom subset of the S&P SmallCap 600 Capital Goods Index, plus the Issuer's compensation peers not included in the Index), over the period beginning on January 1, 2025 and ending December 31, 2027. 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.

Remarks:

An updated power of attorney is attached to this Form as Exhibit 24.