4//SEC Filing
HEIMES TERRY J 4
Accession 0001008886-24-000088
CIK 0001258602other
Filed
Mar 11, 8:00 PM ET
Accepted
Mar 12, 5:37 PM ET
Size
17.5 KB
Accession
0001008886-24-000088
Insider Transaction Report
Form 4
NELNET INCNNI
HEIMES TERRY J
Chief Financial Officer
Transactions
- Tax Payment
Class A Common Stock
2024-03-10$88.63/sh−791$70,106→ 26,742 total - Tax Payment
Class A Common Stock
2024-03-10$88.63/sh−356$31,552→ 26,386 total - Tax Payment
Class A Common Stock
2024-03-10$88.63/sh−322$28,539→ 26,064 total
Holdings
- 5,000(indirect: By Trust)
Class A Common Stock
- 5,000(indirect: By Trust)
Class A Common Stock
- 5,000(indirect: By Trust)
Class A Common Stock
- 130,329(indirect: By Trust)
Class A Common Stock
- 3,617(indirect: By Spouse)
Class A Common Stock
- 6,470(indirect: By GRAT)
Class A Common Stock
- 5,000(indirect: By Trust)
Class A Common Stock
- 50,000(indirect: By Trust)
Class A Common Stock
- 6,470(indirect: By GRAT)
Class A Common Stock
Footnotes (12)
- [F1]These shares were tax-withheld by the issuer to satisfy the reporting person's tax obligation resulting from the vesting of a previously reported grant of shares pursuant to Rule 16b-3(d).
- [F10]Shares held by a trust for the benefit of another son of the reporting person. The reporting person continues to report beneficial ownership of all the shares held by the trust, but disclaims beneficial ownership of the shares held by the trust except to the extent of his pecuniary interest therein.
- [F11]Shares held by a trust for the benefit of another son of the reporting person. The reporting person continues to report beneficial ownership of all the shares held by the trust, but disclaims beneficial ownership of the shares held by the trust except to the extent of his pecuniary interest therein.
- [F12]Shares held by a trust for the benefit of the daughter of the reporting person. The reporting person continues to report beneficial ownership of all the shares held by the trust, but disclaims beneficial ownership of the shares held by the trust except to the extent of his pecuniary interest therein.
- [F2]Per share value assigned by the issuer to the tax withholding shares under the tax withholding arrangement, and based on the market closing price of the shares on March 8, 2024.
- [F3]The number of shares reflects (i) shares contributed to a revocable trust as discussed in footnote (4) below and (ii) shares distributed to the reporting person by a grantor retained annuity trust ("GRAT") as discussed in footnote (7) below.
- [F4]Shares held by a revocable trust established by the reporting person, of which trust the reporting person is the sole trustee and sole lifetime beneficiary. On April 14, 2023, the reporting person contributed a total of 7,779 shares to the revocable trust.
- [F5]Includes shares distributed to the reporting person's spouse by a GRAT as discussed in footnote (8) below.
- [F6]Shares held by a revocable trust established by the reporting person's spouse, of which trust the reporting person's spouse is the sole trustee and sole lifetime beneficiary.
- [F7]Shares held by a GRAT established by the reporting person on March 11, 2020, which reflect an annuity distribution from the trust to the reporting person of 1,320 shares on March 15, 2023. The reporting person continues to report beneficial ownership of all the shares held by the trust, but disclaims beneficial ownership of the shares held by the trust except to the extent of his pecuniary interest therein.
- [F8]Shares held by a GRAT established by the reporting person's spouse on March 11, 2020, which reflect an annuity distribution from the trust to the reporting person's spouse of 1,320 shares on March 15, 2023. The reporting person continues to report beneficial ownership of all the shares held by the trust, but disclaims beneficial ownership of the shares held by the trust except to the extent of his pecuniary interest therein.
- [F9]Shares held by a trust for the benefit of a son of the reporting person. The reporting person continues to report beneficial ownership of all the shares held by the trust, but disclaims beneficial ownership of the shares held by the trust except to the extent of his pecuniary interest therein.
Documents
Issuer
NELNET INC
CIK 0001258602
Entity typeother
Related Parties
1- filerCIK 0001269804
Filing Metadata
- Form type
- 4
- Filed
- Mar 11, 8:00 PM ET
- Accepted
- Mar 12, 5:37 PM ET
- Size
- 17.5 KB