Cintani William Robert 4
4 · NELNET INC · Filed Jun 27, 2012
Insider Transaction Report
Form 4
NELNET INCNNI
Cintani William Robert
Director
Transactions
- Award
Phantom Stock
2012-06-25+2,137→ 2,137 total→ Class A Common Stock (2,137 underlying) - Award
Class A Common Stock
2012-06-25+2,137→ 2,637 total
Footnotes (3)
- [F1]The shares were granted pursuant to the issuer's Directors Stock Compensation Plan.
- [F2]1 - for - 1
- [F3]The shares of phantom stock were granted pursuant to the issuer's Directors Stock Compensation Plan. They will become payable in shares of Class A Common Stock at the time of termination of the reporting person's service as a member of the issuer's Board of Directors. The shares will be payable in a lump sum at the time of termination of the reporting person's service as a member of the issuer's Board, or in up to five annual installments, commencing at the time of termination of the reporting person's service on the issuer's Board, as elected by the reporting person.