4//SEC Filing
KLANE LARRY A 4
Accession 0001127602-23-003862
CIK 0001593538other
Filed
Feb 6, 7:00 PM ET
Accepted
Feb 7, 8:02 PM ET
Size
5.7 KB
Accession
0001127602-23-003862
Insider Transaction Report
Form 4
NAVIENT CORPNAVI
KLANE LARRY A
Director
Transactions
- Award
Phantom Stock Units
2023-02-06+7,399.577→ 37,814.856 total→ Common Stock (7,399.577 underlying)
Footnotes (2)
- [F1]Represents 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 distribution. The phantom stock units will vest with continued active service on the Navient Board of Directors as follows: 25% will vest on the grant date (Feb 6, 2023); 25% will vest on May 1, 2023; 25% will vest on August 1, 2023; and 25% will vest on November 1, 2023.
- [F2]Dividends 1,250.6300 units accrued on phantom stock units pursuant to the terms of the Navient Corporation Deferred Compensation Plan for Directors are included in the reporting person's holding balance.
Documents
Issuer
NAVIENT CORP
CIK 0001593538
Entity typeother
Related Parties
1- filerCIK 0001238036
Filing Metadata
- Form type
- 4
- Filed
- Feb 6, 7:00 PM ET
- Accepted
- Feb 7, 8:02 PM ET
- Size
- 5.7 KB