4//SEC Filing
UNGER LAURA S 4
Accession 0001127602-24-004698
CIK 0001593538other
Filed
Feb 12, 7:00 PM ET
Accepted
Feb 13, 4:22 PM ET
Size
9.5 KB
Accession
0001127602-24-004698
Insider Transaction Report
Form 4
NAVIENT CORPNAVI
UNGER LAURA S
Director
Transactions
- Award
Common Stock
2024-02-09$16.19/sh+8,647$139,995→ 60,853 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 9, 2024); 25% on May 1, 2024; 25% on August 1, 2024; and 25% on November 1, 2024.
- [F2]Dividend equivalent rights 124.6112 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 0.6112 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 0001175992
Filing Metadata
- Form type
- 4
- Filed
- Feb 12, 7:00 PM ET
- Accepted
- Feb 13, 4:22 PM ET
- Size
- 9.5 KB