SEC Form 4 · accession 0001127602-17-003181
NAVIENT CORP · NAVI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
John F Remondi
Officer — Chief Executive Officer · Director
Period of report
Dec 28, 2016
Accepted (ET)
Jan 31, 2017 · 5:44 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 StockF2 | Dec 28, 2016 | G | 85,000 | $0.00 | D | 1,289,055 | D | |
| Common Stock | Jan 30, 2017 | M | 173,210 | $10.2558 | A | 1,462,265 | D | |
| Common Stock | Jan 30, 2017 | F | 137,450 | $15.05 | D | 1,324,815 | D | |
| Common Stock | holding | — | — | — | 250 | I | As custodian for child |
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) | $10.2558 | Jan 30, 2017 | M | 173,210 | D | Feb 3, 2015 | Feb 3, 2017 | Common Stock | 173,210 | 0 | D |
Explanation of responses
- F1Represents a bona fide gift by the reporting person to the Fidelity Charitable Gift Fund.
- F2Dividend equivalent rights issued on RSUs and PSUs are included in the reporting person's common stock holding balance.