SEC Form 4 · accession 0001127602-16-067925
NAVIENT CORP · NAVI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
William M Diefenderfer III
Director
Period of report
Nov 17, 2016
Accepted (ET)
Nov 21, 2016 · 5:23 pm EST
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 Stock | Nov 17, 2016 | M | 6,600 | $14.2901 | A | 95,337 | D | |
| Common Stock | Nov 17, 2016 | M | 10,900 | $6.6127 | A | 106,237 | D | |
| Common Stock | Nov 17, 2016 | M | 9,500 | $9.3771 | A | 115,737 | D | |
| Common Stock | Nov 17, 2016 | M | 13,994 | $10.2558 | A | 129,731 | D | |
| Common Stock | Nov 17, 2016 | M | 19,572 | $11.4873 | A | 149,303 | D | |
| Common Stock | Nov 17, 2016 | F | 4,082 | $17.66 | D | 145,221 | D | |
| Common Stock | Nov 17, 2016 | F | 5,045 | $17.66 | D | 140,176 | D | |
| Common Stock | Nov 17, 2016 | F | 8,127 | $17.66 | D | 132,049 | D | |
| Common Stock | Nov 17, 2016 | F | 12,731 | $17.66 | D | 119,318 | D | |
| Common StockF1 | Nov 17, 2016 | S | 18,590 | $17.651 | D | 100,728 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Option (Right to Buy) | $14.2901 | Nov 17, 2016 | M | 6,600 | D | Apr 30, 2014 | May 8, 2018 | Common Stock | 6,600 | 0 | D |
| Stock Option (Right to Buy) | $6.6127 | Nov 17, 2016 | M | 10,900 | D | Apr 30, 2014 | Jan 28, 2020 | Common Stock | 10,900 | 0 | D |
| Stock Option (Right to Buy) | $9.3771 | Nov 17, 2016 | M | 9,500 | D | Apr 30, 2014 | Jan 27, 2021 | Common Stock | 9,500 | 0 | D |
| Stock Option (Right to Buy) | $10.2558 | Nov 17, 2016 | M | 13,994 | D | Apr 30, 2014 | Feb 3, 2017 | Common Stock | 13,994 | 0 | D |
| Stock Option (Right to Buy) | $11.4873 | Nov 17, 2016 | M | 19,572 | D | Apr 30, 2014 | Feb 7, 2018 | Common Stock | 19,572 | 0 | D |
Explanation of responses
- F1Represents the weighted average price per share of stock sold by Mr. Diefenderfer between $17.62 and $17.665. 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.