HENNING THOMAS EDWARD 4
4 · NELNET INC · Filed Jun 21, 2023
Insider Transaction Report
Form 4
NELNET INCNNI
HENNING THOMAS EDWARD
Director
Transactions
- Award
Phantom Stock
2023-06-20$84.79/sh+2,271$192,558→ 51,498 total→ Class A Common Stock (2,271 underlying)
Holdings
- 3,102(indirect: By Spouse)
Class A Common Stock
- 16,152
Class A Common Stock
Footnotes (3)
- [F1]1-for-1.
- [F2]The shares of phantom stock were granted pursuant to the issuer's Directors Stock Compensation Plan. They will become payable in shares of Class A Common Stock promptly after the time of termination of the reporting person's service as a member of the issuer's Board of Directors. The shares will be payable in a lump sum promptly after the time of termination of the reporting person's service as a member of the issuer's Board, or in up to five annual installments, commencing promptly after the time of termination of the reporting person's service on the issuer's Board, as elected by the reporting person.
- [F3]Includes a total of 551 shares acquired since June 21, 2022 pursuant to the dividend reinvestment feature of the issuer's Directors Stock Compensation Plan.