NAVIENT CORP 4
4 · NAVIENT CORP · Filed Feb 20, 2015
Insider Transaction Report
Form 4
NAVIENT CORPNAVI
WILLIAMS BARRY LAWSON
Director
Transactions
- Award
Phantom Stock Units
2015-02-18$21.65/sh+4,618.938$100,000→ 4,618.938 total→ Common Stock (4,618.938 underlying)
Footnotes (1)
- [F1]Phantom stock units acquired pursuant to the terms of the Navient Corporation Deferred Compensation Plan for Directors. Phantom stock units are to be settled in shares of Navient Corporation common stock, on a one-to-one basis, upon the reporting person's separation from service. The phantom stock units will vest if the non-employee director is re-elected as a director at the Company's 2015 annual meeting of shareholders, which meeting is currently scheduled for May 21, 2015.