Home/Filings/4/0001127602-21-004420
4//SEC Filing

CABRAL ANNA ESCOBEDO 4

Accession 0001127602-21-004420

CIK 0001593538other

Filed

Feb 7, 7:00 PM ET

Accepted

Feb 8, 5:07 PM ET

Size

5.3 KB

Accession

0001127602-21-004420

Insider Transaction Report

Form 4
Period: 2021-02-04
Transactions
  • Award

    Common Stock

    2021-02-04+10,56949,161 total
Footnotes (3)
  • [F1]Represents a grant of restricted stock to a non-employee director under the Navient Corporation 2014 Omnibus Incentive Plan. The restrictions lift on a quarterly basis subject to continued active service on the Navient Board of Directors as follows: 25% on the grant date (Feb 4, 2021); 25% on May 1, 2021; 25% on August 1, 2021; and 25% on November 1, 2021.
  • [F2]Dividend equivalent rights (151 units) issued on previously unvested restricted are included in the reporting person's common stock holding balance. Each dividend equivalent right is the economic equivalent of one share of Navient Corporation common stock.
  • [F3]Reflects the disposition of 0.1288 shares settled in cash upon the delivery of the related dividend equivalent rights, in accordance with the terms of the 2014 Navient Corporation Omnibus Incentive Plan.

Issuer

NAVIENT CORP

CIK 0001593538

Entity typeother

Related Parties

1
  • filerCIK 0001627381

Filing Metadata

Form type
4
Filed
Feb 7, 7:00 PM ET
Accepted
Feb 8, 5:07 PM ET
Size
5.3 KB