Schertell Julie - Dec 31, 2021 Form 4 Insider Report for Neenah Inc (NP)

Signature
/s/ Noah S. Benz, by Power of Attorney
Stock symbol
NP
Transactions as of
Dec 31, 2021
Transactions value $
-$21,011
Form type
4
Date filed
1/4/2022, 02:28 PM
Next filing
Jan 24, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NP Common stock Options Exercise $97.4K +2.11K +8.35% $46.28 27.3K Dec 31, 2021 Direct
transaction NP Common stock Tax liability -$44K -950 -3.48% $46.28 26.4K Dec 31, 2021 Direct F1
transaction NP Common stock Tax liability -$74.5K -1.61K -6.1% $46.28 24.8K Dec 31, 2021 Direct F2

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 Options Exercise $0 -3.14K -75% $0.00 1.05K Dec 31, 2021 Common stock 3.14K Direct F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Number of shares withheld by the company to pay taxes upon the vesting of 2,105 performance share units on 12/31/2021.
F2 Number of shares withheld by the company to pay taxes upon the vesting of 3,562 restricted shares on 12/31/2021.
F3 The units are convertible to common stock on a one-for-one basis.
F4 The units do not have an expiration date.