4//SEC Filing
REARDON MICHAEL D 4
Accession 0001437749-10-004004
CIK 0001258602other
Filed
Nov 16, 7:00 PM ET
Accepted
Nov 17, 5:44 PM ET
Size
6.0 KB
Accession
0001437749-10-004004
Insider Transaction Report
Form 4
NELNET INCNNI
REARDON MICHAEL D
Director
Transactions
- Sale
Class A Common Stock
2010-11-15$22.61/sh−15,000$339,104→ 20,121 total
Footnotes (4)
- [F1]These shares were sold by Michael Reardon pursuant to a Rule 10b5-1 Sales Plan (the "Plan") entered into on August 17, 2010, which provided for the sale of shares of the issuer's Class A Common Stock. With the sales of the shares reported herein, the Plan has been completed and no future sales may occur pursuant to the Plan.
- [F2]Rule 10b5-1, promulgated under the Securities Exchange Act of 1934, allows a director of a company who is not in possession of material non-public information to establish pre-arranged plans to buy or sell a specified number of shares of such company's stock. Once a plan is established, the director does not retain or exercise any discretion over sales of stock under the plan and the pre-planned trades may be executed at later dates as set forth in the plan.
- [F3]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $22.22 to $22.97 inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within such range.
- [F4]These shares include 15,672 shares that the reporting person holds jointly with his spouse.
Documents
Issuer
NELNET INC
CIK 0001258602
Entity typeother
Related Parties
1- filerCIK 0001276321
Filing Metadata
- Form type
- 4
- Filed
- Nov 16, 7:00 PM ET
- Accepted
- Nov 17, 5:44 PM ET
- Size
- 6.0 KB