NELNET INC 4
4 · NELNET INC · Filed Jun 17, 2015
Insider Transaction Report
Form 4
NELNET INCNNI
Farrell Kathleen Anne
Director
Transactions
- Award
Class A Common Stock
2015-06-15$36.60/sh+2,357$86,266→ 8,137 total - Award
Phantom Stock
2015-06-15$36.60/sh+786$28,768→ 22,615 total→ Class A Common Stock (786 underlying)
Footnotes (4)
- [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.
- [F4]Includes a total of 199 shares acquired since June 23, 2014 pursuant to the dividend reinvestment feature of the issuer's Directors Stock Compensation Plan.