4//SEC Filing
EICHER TODD M 4
Accession 0001437749-11-007643
CIK 0001258602other
Filed
Oct 19, 8:00 PM ET
Accepted
Oct 20, 12:53 PM ET
Size
6.8 KB
Accession
0001437749-11-007643
Insider Transaction Report
Form 4
NELNET INCNNI
EICHER TODD M
Executive Director
Transactions
- Sale
Class A Common Stock
2011-10-18$21.00/sh−6,000$126,000→ 59,186 total(indirect: By Spouse)
Holdings
- 345,851
Class A Common Stock
- 2,068(indirect: By 401(k))
Class A Common Stock
Footnotes (3)
- [F1]The shares were sold by the reporting person's spouse pursuant to a Rule 10b5-1 Sales Plan (the "Plan") entered into on June 14, 2011, which provides for the sale of shares of the issuer's Class A Common Stock, subject to limit price provisions and an expiration date of March 12, 2012. To the extent any future sales occur pursuant to the Plan, such sales will be publicly disclosed in Form 4 filings with the Securities and Exchange Commission.
- [F2]Rule 10b5-1, promulgated under the Securities Exchange Act of 1934, allows officers of a company who are 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 officer 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 reporting person has acquired a total of 185 shares under the issuer's 401(k) plan since March 14, 2011.
Documents
Issuer
NELNET INC
CIK 0001258602
Entity typeother
Related Parties
1- filerCIK 0001269798
Filing Metadata
- Form type
- 4
- Filed
- Oct 19, 8:00 PM ET
- Accepted
- Oct 20, 12:53 PM ET
- Size
- 6.8 KB