Michael W. Rickheim - 26 Jan 2022 Form 4 Insider Report for Neenah Inc (NP)

Role
EVP, CHRO & CAO
Signature
/s/ Noah S. Benz, by Power of Attorney
Issuer symbol
NP
Transactions as of
26 Jan 2022
Transactions value $
$93,038
Form type
4
Filing time
11 Feb 2022, 10:38:55 UTC
Next filing
08 Apr 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NP Common stock Award $102,010 +2,221 +25.61% $45.93 10,892 26 Jan 2022 Direct F1, F2
transaction NP Common stock Tax liability -$8,972 -193 -1.77% $46.49 10,699 02 Feb 2022 Direct F3

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 NP Performance Share Units Award $0 +5,182 $0 5,182 26 Jan 2022 Common stock 5,182 Direct F4, F5, F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents annual grant of restricted stock units pursuant to the company's Omnibus Stock and Incentive Compensation Plan.
F2 The restricted stock units vest in increments of one-third on 1/26/2023, 1/26/2024 and 1/26/2025.
F3 Number of shares withheld by the company to pay taxes upon the vesting of 544 restricted shares on 2/2/2022.
F4 The units are convertible to common stock on a one-for-one basis.
F5 Represents annual grant of performance share units pursuant to the company's Omnibus Stock and Incentive Compensation Plan.
F6 The units do not have an expiration date.