SEC Form 4 · accession 0000899243-17-008254

NN INC · NNBR

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

Reporting owner

Officer — SVP/Integration & Corp.

Period of report

Mar 16, 2017

Accepted (ET)

Mar 20, 2017 · 8:30 pm EDT

Rule 10b5-1 plan

unknown — predates the checkbox

Issuer CIK

0000918541

Table I — non-derivative securities

Security	Date	Code	Shares	Price	A/D	Owned after	D/I
Common Stock^F1	Mar 16, 2017	F	558	$22.55	D	27,993	D
Common Stock^F1	Mar 17, 2017	F	682	$24.20	D	27,311	D
Common Stock	Mar 17, 2017	A	3,222	$0.00	A	30,533	D

Security	Conv. / exercise price	Date	Code	Shares	A/D	Exercisable	Expires	Underlying	Underlying shares	Owned after	D/I
Performance Rights^F3,F4	—	Mar 17, 2017	A	2,824	A	—	—	Common Stock	2,824	2,824	D

F1Represents the amount of shares delivered to satisfy applicable tax withholding obligations in connection with the vesting of shares of restricted stock.
F2Shares are restricted stock and vest in three equal annual installments beginning on March 17, 2018.
F3Each performance right represents a contingent right to receive one share of common stock of NN, Inc. (the "Issuer").
F4The 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, 2017 and ending December 31, 2019. The performance rights will vest on December 31, 2019 subject to the reporting person's continuous employment through December 31, 2019 and subject to certain conditions as set forth in the Issuer's 2016 Omnibus 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, 2019 expire automatically.