SEC Form 4 · accession 0001437749-15-022321
NELNET INC · NNI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
William J Munn
Officer — Secy/Chief Legal Off/Gen Coun
Period of report
Dec 14, 2015
Accepted (ET)
Dec 15, 2015 · 5:46 pm EST
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 StockF2 | Dec 9, 2015 | G | 67 | $0.00 | D | 24,448 | D | |
| Class A Common StockF2 | Dec 14, 2015 | S | 1,000 | $31.67 | D | 23,448 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1The gift reported in this Form 4 was effected pursuant to a Rule 10b5-1 plan that was entered into by the reporting person on September 9, 2015.
- F2Includes 500 shares held jointly with spouse.
- F3These shares were sold by the reporting person pursuant to a Rule 10b5-1 Sales Plan entered into on September 14, 2015, which provided for the sale of shares of the issuer's Class A Common Stock. With the sales of the shares reported herein, the Plan has been completed and no future sales may occur pursuant to the Plan.
- F4Rule 10b5-1, promulgated under the Securities Exchange Act of 1934, allows executives of a company who are not in possession of material non-public information to establish pre-arranged plans to buy or sell a specified number of shares of such company's stock. Once a plan is established, the executive does not retain or exercise any discretion over sales of stock under the plan and the pre-planned trades may be executed at later dates as set forth in the plan, without regard to any subsequent material non-public information related to the company that the executive may receive.
Remarks
Exhibit List Exhibit 24 - Power of Attorney