KANE JOHN M 4

4 · NAVIENT CORP · Filed Jan 4, 2023

Form 4

Period: 2023-01-03

Chief Operating Officer

Transactions

Tax Payment
Common Stock
2023-01-03$16.45/sh−133,573$2,197,276→ 624,308.849 total
Sale
Common Stock
2023-01-03$16.56/sh−17,006$281,606→ 607,302.849 total
Exercise/Conversion
Common Stock
2023-01-03$13.63/sh+150,579$2,052,392→ 757,881.849 total
Exercise/Conversion
Stock Option (Right to Buy)
2023-01-03−150,579→ 0 total
Exercise: $13.63From: 2021-02-05Exp: 2023-02-05→ Common Stock (150,579 underlying)

Holdings

Footnotes (4)

[F1]The transactions reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan entered into by the reporting person and represent exercises of stock options set to expire on February 5, 2023.
[F2]Dividend equivalent rights (8,485.3733 units) issued on restricted stock units and performance stock units ("PSUs") are included in the reporting person's common stock holding balance.
[F3]Represents the weighted average price per share of stock sold by the reporting person between $16.38 and $16.77. The reporting person undertakes to provide to Navient Corporation, any security holder of Navient Corporation or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price.
[F4]Between March 1, 2022, and January 3, 2023, the reporting person acquired 320.4390 share equivalents of Navient common stock under the Navient 401(k) Savings Plan. The information in this report is based on the reporting person's actual account balance as of January 3, 2023.

Documents

2 files