CABRAL ANNA ESCOBEDO 4
4 · NAVIENT CORP · Filed Jan 8, 2021
Insider Transaction Report
Form 4
NAVIENT CORPNAVI
CABRAL ANNA ESCOBEDO
Director
Transactions
- Exercise/Conversion
Common Stock
2021-01-01+14,366.808→ 38,592 total - Exercise/Conversion
Phantom Stock Units
2021-01-01−14,366.808→ 32,056.839 total→ Common Stock (14,366.808 underlying)
Footnotes (2)
- [F1]On January 1, 2021, the reporting person received a distribution of 14,366 shares of Navient common stock from the Navient Corporation Deferred Compensation Plan for Directors (the "Plan") in settlement of an equal number of phantom stock units held pursuant to the Plan. A fractional share of the reporting person's phantom stock units (0.808) were settled in cash.
- [F2]Dividends accrued on phantom stock units pursuant to the terms of the Plan are included in the reporting person's holding balance.