SEC Form 3
FORM 3 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person*
KENNEDY JOHN C

(Last) (First) (Middle)
2000 WATERS EDGE DRIVE,
BUILDING C, SUITE 12

(Street)
JOHNSON CITY TN 37604

(City) (State) (Zip)
2. Date of Event Requiring Statement (Month/Day/Year)
08/29/2014
3. Issuer Name and Ticker or Trading Symbol
NN INC [ NNBR ]
4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
Officer (give title below) Other (specify below)
5. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4) 2. Amount of Securities Beneficially Owned (Instr. 4) 3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 4. Nature of Indirect Beneficial Ownership (Instr. 5)
Common Stock 1,088,956(1)(2) D
Common Stock 100 I By wife
Common Stock 20 I By son
Table II - Derivative Securities Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4) 2. Date Exercisable and Expiration Date (Month/Day/Year) 3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) 4. Conversion or Exercise Price of Derivative Security 5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 6. Nature of Indirect Beneficial Ownership (Instr. 5)
Date Exercisable Expiration Date Title Amount or Number of Shares
Explanation of Responses:
1. The Reporting Person acquired 1,086,956 shares of issuer common stock in exchange for the Reporting Person's equity interest in Autocam Corporation, a Michigan corporation ("Autocam"), which merged into a subsidiary of the issuer (the "Merger") pursuant to the terms of that certain Agreement and Plan of Merger (the "Merger Agreement") among the issuer, PMC Global Acquisition Corporation, a Michigan corporation, Autocam, Newport Global Advisors, L.P., a Delaware limited partnership, and the Reporting Person. (Continued to footnote 2)
2. The shares of issuer common stock were issued at a fixed value of $23 per share. 652,174 shares of issuer common stock are currently being held in escrow and are subject to forfeiture to satisfy claims arising due to any post-closing purchase price adjustment made pursuant to the Merger Agreement or due to Autocam's breach of any of its representations, warranties or covenants in the Merger Agreement. The Reporting Person became a Section 16 reporting person after the effective time of the merger.
Remarks:
Power of Attorney is attached to this Form 3 as Exhibit 24.
/s/ John C. Kennedy 09/08/2014
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.