SEC Form 4 · accession 0001437749-17-000470

NELNET INC · NNI

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

Reporting owner

Angie Muhleisen

10% Owner

Period of report

Dec 21, 2016

Accepted (ET)

Jan 10, 2017 · 5:52 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 Stock	Dec 21, 2016	G	59,565	$0.00	D	661,093	I	By spouse
Class A Common Stock^F2	holding	—	—		—	2,589,646	D
Class A Common Stock	holding	—	—		—	529,165	I	By adult daughter
Class A Common Stock	holding	—	—		—	527,708	I	By adult son
Class A Common Stock^F3	holding	—	—		—	175,000	I	By Dynasty Trust
Class A Common Stock^F4	holding	—	—		—	175,000	I	By Dynasty Trust
Class A Common Stock^F5	holding	—	—		—	174,930	I	By trust
Class A Common Stock^F6	holding	—	—		—	174,930	I	By trust
Class A Common Stock^F7	holding	—	—		—	174,930	I	By trust
Class A Common Stock^F8	holding	—	—		—	174,930	I	By trust

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 Gift Plan entered into by the spouse of the reporting person on November 14, 2016.
F2These shares include 105,327 shares that the reporting person holds jointly with her spouse.
F3Shares held by a Dynasty Trust, of which an adult son of the reporting person is the initial 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 her pecuniary interest therein.
F4Shares held by a Dynasty Trust, of which an adult daughter of the reporting person is the initial 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 her pecuniary interest therein.
F5Shares held by the Alicia L. Muhleisen Irrevocable Trust, dated 8/29/2003, of which an adult daughter of the reporting person is the beneficiary. The reporting person continues to report beneficial ownership of all of the shares held by the trust, but disclaims beneficial ownership of the shares held by the trust except to the extent of her pecuniary interest therein.
F6Shares held by the Jason D. Muhleisen Irrevocable Trust, dated 8/29/2003, of which an adult son of the reporting person is the beneficiary. The reporting person continues to report beneficial ownership of all of the shares held by the trust, but disclaims beneficial ownership of the shares held by the trust except to the extent of her pecuniary interest therein.
F7Shares held by the A. Muhleisen Post Annuity Irrevocable Trust, dated 8/29/2003, of which an adult son of the reporting person is the beneficiary. The reporting person continues to report beneficial ownership of all of the shares held by the trust, but disclaims beneficial ownership of the shares held by the trust except to the extent of her pecuniary interest therein.
F8Shares held by the D. Muhleisen Post Annuity Irrevocable Trust, dated 8/29/2003, of which an adult daughter of the reporting person is the beneficiary. The reporting person continues to report beneficial ownership of all of the shares held by the trust, but disclaims beneficial ownership of the shares held by the trust except to the extent of her pecuniary interest therein.

Remarks

Exhibit List Exhibit 24 - Power of Attorney