SEC Form 4 · accession 0001437749-16-027520
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 11, 2016
Accepted (ET)
Mar 11, 2016 · 5:14 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 | Mar 11, 2016 | A | 11,838 | $0.00 | A | 159,145 | D | |
| Class A Common StockF2,F3 | Mar 11, 2016 | F | 5,543 | $37.95 | D | 153,602 | D | |
| Class A Common Stock | 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 2015 paid in stock, which the reporting person became entitled to receive on March 11, 2016.
- F2Shares 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 11,838 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 26, 2016 through March 3, 2016.
Remarks
Exhibit List Exhibit 24 - Power of Attorney