SEC Form 4 · accession 0001437749-17-019397

NELNET INC · NNI

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

Reporting owner

Director

Period of report

Nov 13, 2017

Accepted (ET)

Nov 14, 2017 · 5:39 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^F3,F4	Nov 13, 2017	S	5,648	$50.834	D	15,100	D
Class A Common Stock^F5	Nov 13, 2017	S	100	$51.38	D	15,000	D

No Table II lines on this filing.

F1These shares were sold pursuant to a Rule 10b5-1 Sales Plan (the "Plan") entered into on August 11, 2017, which provided for the sale of shares of the issuer's Class A Common Stock. With the sales of the shares reported in this Form 4, the Plan has been completed and no future sales may occur pursuant to the Plan.
F2Rule 10b5-1, promulgated under the Securities Exchange Act of 1934, allows directors 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 director 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.
F3The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $50.30 to $51.22 inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the SEC, upon request, full information regarding the number of shares sold at each separate price within such range.
F4Includes 10,024 shares held jointly with the reporting person's spouse.
F5Includes 9,924 shares held jointly with the reporting person's spouse.

Exhibit List: Exhibit 24 - Power of Attorney