4//SEC Filing
NAVIENT CORP 4
Accession 0001127602-16-039926
$NAVICIK 0001593538operating
Filed
Feb 4, 7:00 PM ET
Accepted
Feb 5, 8:44 PM ET
Size
9.8 KB
Accession
0001127602-16-039926
Insider Transaction Report
Form 4
NAVIENT CORPNAVI
WILLIAMS BARRY LAWSON
Director
Transactions
- Award
Phantom Stock Units
2016-02-03+10,893.246→ 15,710.354 total→ Common Stock (10,893.246 underlying)
Footnotes (2)
- [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 reporting person is re-elected as a director at the Company's 2016 annual meeting of shareholders, which meeting is currently scheduled for May 26, 2016.
- [F2]Dividends accrued on phantom stock units pursuant to the terms of the Director Deferred Compensation Plan are included in the reporting person's holding balance.
Issuer
NAVIENT CORP
CIK 0001593538
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0001593538
Filing Metadata
- Form type
- 4
- Filed
- Feb 4, 7:00 PM ET
- Accepted
- Feb 5, 8:44 PM ET
- Size
- 9.8 KB