4//SEC Filing
NELNET INC 4
Accession 0001437749-16-023380
$NNICIK 0001258602operating
Filed
Jan 7, 7:00 PM ET
Accepted
Jan 8, 4:34 PM ET
Size
26.1 KB
Accession
0001437749-16-023380
Insider Transaction Report
Form 4
NELNET INCNNI
BUTTERFIELD STEPHEN F
Director
Transactions
- Gift
Class B Common Stock
2015-12-18+800,100→ 100 total(indirect: By Spouse) - Gift
Class B Common Stock
2015-12-18−800,100→ 895,003 total
Holdings
- 100,000(indirect: By GRAT)
Class B Common Stock
- 100,000(indirect: By GRAT)
Class B Common Stock
- 50,425(indirect: By Trust)
Class B Common Stock
- 50,425(indirect: By Trust)
Class B Common Stock
- 100,000(indirect: By GRAT)
Class B Common Stock
- 100,000(indirect: By GRAT)
Class B Common Stock
- 100,000(indirect: By GRAT)
Class B Common Stock
- 100,000(indirect: By GRAT)
Class B Common Stock
- 50,425(indirect: By Trust)
Class B Common Stock
- 1,586,691(indirect: By corporation)
Class B Common Stock
- 50,425(indirect: By Trust)
Class B Common Stock
- 100,000(indirect: By GRAT)
Class B Common Stock
- 100,000(indirect: By GRAT)
Class B Common Stock
- 100,000(indirect: By GRAT)
Class B Common Stock
- 100,000(indirect: By GRAT)
Class B Common Stock
- 50,425(indirect: By Trust)
Class B Common Stock
- 100,000(indirect: By GRAT)
Class B Common Stock
- 100,000(indirect: By GRAT)
Class B Common Stock
Footnotes (21)
- [F1]Shares reported as directly owned include shares held by the reporting person's revocable living trust.
- [F10]On December 18, 2015, the reporting person's spouse contributed 100,000 shares to a separate GRAT dated December 18, 2015. The reporting person continues to report beneficial ownership of all the shares held by the trust, but disclaims beneficial ownership of the shares held by the trust except to the extent of his pecuniary interest therein.
- [F11]On December 18, 2015, the reporting person's spouse contributed 100,000 shares to a separate GRAT dated December 18, 2015. The reporting person continues to report beneficial ownership of all the shares held by the trust, but disclaims beneficial ownership of the shares held by the trust except to the extent of his pecuniary interest therein.
- [F12]On December 18, 2015, the reporting person's spouse contributed 100,000 shares to a separate GRAT dated December 18, 2015. The reporting person continues to report beneficial ownership of all the shares held by the trust, but disclaims beneficial ownership of the shares held by the trust except to the extent of his pecuniary interest therein.
- [F13]On December 18, 2015, the reporting person's spouse contributed 100,000 shares to a separate GRAT dated December 18, 2015. The reporting person continues to report beneficial ownership of all the shares held by the trust, but disclaims beneficial ownership of the shares held by the trust except to the extent of his pecuniary interest therein.
- [F14]On December 18, 2015, the reporting person's spouse contributed 100,000 shares to a separate GRAT dated December 18, 2015. The reporting person continues to report beneficial ownership of all the shares held by the trust, but disclaims beneficial ownership of the shares held by the trust except to the extent of his pecuniary interest therein.
- [F15]On December 18, 2015, the reporting person's spouse contributed 100,000 shares to a separate GRAT dated December 18, 2015. The reporting person continues to report beneficial ownership of all the shares held by the trust, but disclaims beneficial ownership of the shares held by the trust except to the extent of his pecuniary interest therein.
- [F16]Shares held by Union Financial Services, Inc. ("UFS"), of which the reporting person is a director and president and owns 50.0% of the outstanding capital stock. The reporting person continues to report beneficial ownership of all the shares held by UFS, but disclaims beneficial ownership of the shares held by UFS except to the extent of his pecuniary interest therein.
- [F17]Shares held by a trust, of which an adult son of the reporting person is the beneficiary. The reporting person continues to report beneficial ownership of all the shares held by the trust, but disclaims beneficial ownership of the shares held by the trust except to the extent of his pecuniary interest therein.
- [F18]Shares held by a trust, of which an adult son of the reporting person is the beneficiary. The reporting person continues to report beneficial ownership of all the shares held by the trust, but disclaims beneficial ownership of the shares held by the trust except to the extent of his pecuniary interest therein.
- [F19]Shares held by a trust, of which an adult son of the reporting person is the beneficiary. The reporting person continues to report beneficial ownership of all the shares held by the trust, but disclaims beneficial ownership of the shares held by the trust except to the extent of his pecuniary interest therein.
- [F2]Reflects the contribution of a total of 400,000 shares of Class B common stock to grantor retained annuity trusts ("GRATs") established by the reporting person on December 18, 2015, as discussed in footnotes (4) through (7) below and set forth in the line items corresponding thereto.
- [F20]Shares held by a trust, of which a son of the reporting person is the beneficiary.
- [F21]Shares held by a trust, of which a daughter of the reporting person is the beneficiary.
- [F3]Reflects the subsequent change in the form of beneficial ownership of 800,000 shares on December 18, 2015 through the contribution of a total of 800,000 shares of Class B common stock to GRATs established by the reporting person's spouse on December 18, 2015, as discussed in footnotes (8) through (15) below and set forth in the line items corresponding thereto.
- [F4]On December 18, 2015, the reporting person contributed 100,000 shares to a GRAT dated December 18, 2015. The reporting person continues to report beneficial ownership of all the shares held by the trust, but disclaims beneficial ownership of the shares held by the trust except to the extent of his pecuniary interest therein.
- [F5]On December 18, 2015, the reporting person contributed 100,000 shares to a separate GRAT dated December 18, 2015. The reporting person continues to report beneficial ownership of all the shares held by the trust, but disclaims beneficial ownership of the shares held by the trust except to the extent of his pecuniary interest therein.
- [F6]On December 18, 2015, the reporting person contributed 100,000 shares to a separate GRAT dated December 18, 2015. The reporting person continues to report beneficial ownership of all the shares held by the trust, but disclaims beneficial ownership of the shares held by the trust except to the extent of his pecuniary interest therein.
- [F7]On December 18, 2015, the reporting person contributed 100,000 shares to a separate GRAT dated December 18, 2015. The reporting person continues to report beneficial ownership of all the shares held by the trust, but disclaims beneficial ownership of the shares held by the trust except to the extent of his pecuniary interest therein.
- [F8]On December 18, 2015, the reporting person's spouse contributed 100,000 shares to a GRAT dated December 18, 2015. The reporting person continues to report beneficial ownership of all the shares held by the trust, but disclaims beneficial ownership of the shares held by the trust except to the extent of his pecuniary interest therein.
- [F9]On December 18, 2015, the reporting person's spouse contributed 100,000 shares to a separate GRAT dated December 18, 2015. The reporting person continues to report beneficial ownership of all the shares held by the trust, but disclaims beneficial ownership of the shares held by the trust except to the extent of his pecuniary interest therein.
Documents
Issuer
NELNET INC
CIK 0001258602
Entity typeoperating
IncorporatedNE
Related Parties
1- filerCIK 0001258602
Filing Metadata
- Form type
- 4
- Filed
- Jan 7, 7:00 PM ET
- Accepted
- Jan 8, 4:34 PM ET
- Size
- 26.1 KB