SEC Form 4 · accession 0001437749-16-027516
NELNET INC · NNI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
James D Kruger
Officer — Chief Financial Officer
Period of report
Mar 9, 2016
Accepted (ET)
Mar 11, 2016 · 5:11 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 StockF1,F2,F3 | Mar 9, 2016 | F | 364 | $39.23 | D | 140,071 | D | |
| Class A Common StockF1,F4,F3 | Mar 10, 2016 | F | 287 | $39.32 | D | 139,784 | D | |
| Class A Common StockF1,F4,F3 | Mar 10, 2016 | F | 233 | $39.32 | D | 139,551 | D | |
| Class A Common StockF1,F4,F3 | Mar 10, 2016 | F | 276 | $39.32 | D | 139,275 | D | |
| Class A Common StockF5,F3 | Mar 11, 2016 | A | 8,523 | $0.00 | A | 147,798 | D | |
| Class A Common StockF6,F7,F3 | Mar 11, 2016 | F | 2,758 | $37.95 | D | 145,040 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1These shares were tax-withheld by the issuer to satisfy the reporting person's tax obligation resulting from the vesting of a previously reported grant of shares pursuant to Rule 16b-3(d).
- F2Per share value assigned by the issuer to the tax withholding shares under the tax withholding arrangement, and based on the market closing price of the shares as of March 9, 2016.
- F3Includes 549 shares issued pursuant to the issuer's Employee Share Purchase Plan.
- F4Per share value assigned by the issuer to the tax withholding shares under the tax withholding arrangement, and based on the market closing price of the shares as of March 10, 2016.
- F5Issued pursuant to the issuer's Restricted Stock Plan, as the annual personal performance-based incentive bonus compensation for 2015 paid in stock, which the reporting person became entitled to receive on March 11, 2016.
- F6Shares that were tax-withheld by the issuer to satisfy the reporting person's tax obligation resulting from the March 11, 2016 award by the issuer of 8,523 shares of bonus compensation stock.
- F7Per 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 26, 2016 through March 3, 2016.
Remarks
Exhibit List Exhibit 24 - Power of Attorney