SEC Form 4 · accession 0000899243-17-022203
NN INC · NNBR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Thomas C. Burwell Jr.
Officer — See Remarks
Period of report
Sep 15, 2017
Accepted (ET)
Sep 18, 2017 · 4:05 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 | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Sep 15, 2017 | M | 4,500 | $9.36 | A | 37,881 | D | |
| Common StockF3 | Sep 15, 2017 | S | 4,500 | $27.17 | D | 33,381 | D | |
| Common StockF1 | Sep 18, 2017 | M | 1,500 | $9.36 | A | 34,881 | D | |
| Common Stock | Sep 18, 2017 | S | 1,500 | $28.00 | D | 33,381 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Options (Right to Buy) | $9.36 | Sep 15, 2017 | M | 4,500 | D | Mar 6, 2009 | Mar 6, 2018 | Common Stock | 4,500 | 1,500 | D |
| Stock Options (Right to Buy) | $9.36 | Sep 18, 2017 | M | 1,500 | D | Mar 6, 2009 | Mar 6, 2018 | Common Stock | 1,500 | 0 | D |
Explanation of responses
- F1Corresponds to option exercise price.
- F2The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on August 25, 2017.
- F3The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $27.00 to $27.50, inclusive. The reporting person undertakes to provide to NN, Inc., any security holder of NN, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.
Remarks
SVP and Chief Financial Officer