BOWEN MARJORIE L. 4
4 · NAVIENT CORP · Filed May 10, 2019
Insider Transaction Report
Form 4
NAVIENT CORPNAVI
BOWEN MARJORIE L.
Director
Transactions
- Award
Phantom Stock Units
2019-05-09+7,342.787→ 7,342.787 total→ Common Stock (7,342.787 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 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 elected as a director at the Company's 2019 annual meeting of shareholders, which meeting is currently scheduled for June 6, 2019.