Corre Partners Management, LLC - Apr 20, 2023 Form 4 Insider Report for NN INC (NNBR)

Role
10%+ Owner
Signature
Corre Partners Management, LLC, /s/ Eric Soderlund, Managing Member
Stock symbol
NNBR
Transactions as of
Apr 20, 2023
Transactions value $
$15,378
Form type
4
Date filed
4/24/2023, 05:18 PM
Previous filing
Apr 17, 2023
Next filing
Apr 28, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NNBR Common Stock, par value $0.01 per share Purchase $216 +200 +0% $1.08 5.37M Apr 20, 2023 Footnote F1
transaction NNBR Common Stock, par value $0.01 per share Purchase $13.9K +13K +0.24% $1.07 5.38M Apr 21, 2023 Footnote F1, F2
transaction NNBR Common Stock, par value $0.01 per share Purchase $1.28K +1.2K +0.02% $1.06 5.38M Apr 24, 2023 Footnote F1, F3
holding NNBR Common Stock, par value $0.01 per share 906K Apr 20, 2023 Footnote F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The reported securities are directly owned by Corre Opportunities Qualified Master Fund, LP (the "Qualified Master Fund"). The reported securities may be deemed beneficially owned by Corre Partners Management, LLC ("Corre"), the investment manager of the Qualified Master Fund, Corre Partners Advisors, LLC ("Corre GP"), the general partner of the Qualified Master Fund, and John Barrett and Eric Soderlund, the managing members of Corre and Corre GP, each a Reporting Person. Each Reporting Person disclaims beneficial ownership of the reported securities except to the extent of its pecuniary interest therein, and this report shall not be deemed to be an admission that any Reporting Person is the beneficial owner of the securities for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or for any other purpose.
F2 The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions within the range of $1.05 to $1.08. The Reporting Persons undertake to provide to the Issuer, any security holder of the Issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the ranges set forth in this footnote.
F3 The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions within the range of $1.055 to $1.07. The Reporting Persons undertake to provide to the Issuer, any security holder of the Issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the ranges set forth in this footnote.
F4 The reported securities are directly owned by Corre Horizon Fund, LP (the "Partnership"). The reported securities may be deemed beneficially owned by Corre, the investment manager of the Partnership, Corre GP, the general partner of the Partnership, and John Barrett and Eric Soderlund, the managing members of Corre and Corre GP, each a Reporting Person. Each Reporting Person disclaims beneficial ownership of the reported securities except to the extent of its pecuniary interest therein, and this report shall not be deemed to be an admission that any Reporting Person is the beneficial owner of the securities for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or for any other purpose.