SEC Form 4 · accession 0001437749-15-005293
NELNET INC · NNI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Terry J Heimes
Officer — Chief Operating Officer
Period of report
Mar 13, 2015
Accepted (ET)
Mar 17, 2015 · 5:00 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001258602
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Class A Common StockF1 | Mar 13, 2015 | A | 8,260 | $0.00 | A | 151,895 | D | |
| Class A Common StockF2,F3 | Mar 13, 2015 | F | 4,588 | $46.99 | D | 147,307 | D | |
| Class A Common StockF4 | holding | — | — | — | 50,087 | I | By spouse |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Issued pursuant to the issuer's Restricted Stock Plan, as the annual personal performance-based incentive bonus compensation for 2014 paid in stock, which the reporting person became entitled to receive on March 13, 2015.
- F2Shares that were tax-withheld by the issuer to satisfy the reporting person's tax obligation resulting from the March 13, 2015 award by the issuer of 8,260 shares of bonus compensation stock.
- F3Per share value assigned by the issuer to the tax withholding shares under the tax withholding arrangement, and based on the average market closing price of the shares for February 27, 2015 through March 5, 2015.
- F4Includes 4 shares acquired pursuant to the reinvestment of dividends qualifying for the exemption from Section 16 of the Securities Exchange Act of 1934 provided by Rule 16a-11 thereunder.