SEC Form 4 · accession 0001127602-16-058780
NAVIENT CORP · NAVI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Bates Ann Torre
Director
Period of report
Jul 26, 2016
Accepted (ET)
Jul 27, 2016 · 8:23 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001593538
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1,F2 | Jul 26, 2016 | S | 9,000 | $14.2252 | D | 25,558 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Represents the weighted average price per share of stock sold by Ms. Bates between $14.20 and $14.40. The reporting person undertakes to provide to Navient Corporation, any security holder of Navient Corporation or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price.
- F2Dividend equivalent rights issued on previously unvested restricted stock are included in the reporting person's common stock holding balance.