SEC Form 4 · accession 0001437749-15-016458

NELNET INC · NNI

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

Reporting owner

Stephen F Butterfield

Director · 10% Owner

Period of report

Aug 18, 2015

Accepted (ET)

Aug 26, 2015 · 6:17 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 B Common Stock^F2	Aug 18, 2015	G	10,000	$0.00	D	2,095,103	D
Class B Common Stock^F3	holding	—	—		—	1,586,691	I	By corporation
Class B Common Stock^F4	holding	—	—		—	50,425	I	By trust
Class B Common Stock^F5	holding	—	—		—	50,425	I	By trust
Class B Common Stock^F6	holding	—	—		—	50,425	I	By trust
Class B Common Stock^F7	holding	—	—		—	50,425	I	By trust
Class B Common Stock^F8	holding	—	—		—	50,425	I	By trust

Table II — derivative securities

No Table II lines on this filing.

Explanation of responses

F1The gift reported in this filing was effected pursuant to a Rule 10b5-1 Stock Gift Plan entered into by the reporting person on May 18, 2015.
F2Shares reported as directly owned include shares held by the reporting person's revocable living trust.
F3Shares held by Union Financial Services, Inc. ("UFS"), of which the reporting person is a director and president and owns 50.0% of the outstanding capital stock. The reporting person continues to report beneficial ownership of all the shares held by UFS, but disclaims beneficial ownership of the shares held by UFS except to the extent of his pecuniary interests therein.
F4Shares held by a trust, of which an adult son of the reporting person is the beneficiary. The reporting person continues to report beneficial ownership of all the shares held by the trust, but disclaims beneficial ownership of the shares held by the trust except to the extent of his pecuniary interest therein.
F5Shares held by a trust, of which an adult son of the reporting person is the beneficiary. The reporting person continues to report beneficial ownership of all the shares held by the trust, but disclaims beneficial ownership of the shares held by the trust except to the extent of his pecuniary interest therein.
F6Shares held by a trust, of which an adult son of the reporting person is the beneficiary. The reporting person continues to report beneficial ownership of all the shares held by the trust, but disclaims beneficial ownership of the shares held by the trust except to the extent of his pecuniary interest therein.
F7Shares held by a trust, of which a son of the reporting person is the beneficiary.
F8Shares held by a trust, of which a daughter of the reporting person is the beneficiary.

Remarks

Exhibit List Exhibit 24 - Power of Attorney