NELNET INC 4

Accession 0001437749-17-000471

$NNICIK 0001258602operating

View on SEC.gov Company Profile

Filed

Jan 9, 7:00 PM ET

Accepted

Jan 10, 5:53 PM ET

Size

27.6 KB

Accession

0001437749-17-000471

Insider Transaction Report

Form 4

Period: 2017-01-03

NELNET INCNNI

BUTTERFIELD STEPHEN F

Director

Transactions

Gift
Class B Common Stock
2017-01-03−70,286→ 852,128 total
Gift
Class B Common Stock
2017-01-03+70,286→ 70,286 total(indirect: By CLAT)

Holdings

Class B Common Stock
(indirect: by GRAT)
98,167
Class B Common Stock
(indirect: By GRAT)
88,086
Class B Common Stock
(indirect: By corporation)
1,586,691
Class B Common Stock
(indirect: By Trust)
50,425
Class B Common Stock
(indirect: By Trust)
50,425
Class B Common Stock
(indirect: By Trust)
50,425
Class B Common Stock
(indirect: By Spouse)
34,440
Class B Common Stock
(indirect: By GRAT)
92,201
Class B Common Stock
(indirect: By GRAT)
92,201
Class B Common Stock
(indirect: By GRAT)
88,086
Class B Common Stock
(indirect: By GRAT)
94,135
Class B Common Stock
(indirect: By GRAT)
96,145
Class B Common Stock
(indirect: By GRAT)
98,167
Class B Common Stock
(indirect: By GRAT)
99,781
Class B Common Stock
(indirect: By GRAT)
94,135
Class B Common Stock
(indirect: By GRAT)
97,145
Class B Common Stock
(indirect: By GRAT)
100,000
Class B Common Stock
(indirect: By Trust)
50,425
Class B Common Stock
(indirect: By Trust)
50,425

Footnotes (21)

[F1]On January 3, 2017, the reporting person contributed 70,286 shares of Class B common stock to a charitable lead annuity trust ("CLAT") established by the reporting person, of which CLAT the descendants of the reporting person are remainder beneficiaries. 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.
[F10]Shares held by a separate GRAT dated December 18, 2015, which reflects the distribution and transfer from the trust to the reporting person's spouse of 219 shares on December 21, 2016. 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]Shares held by a separate GRAT dated December 18, 2015, which reflects the distribution and transfer from the trust to the reporting person's spouse of 11,914 shares on December 21, 2016. 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]Shares held by a separate GRAT dated December 18, 2015, which reflects the distribution and transfer from the trust to the reporting person's spouse of 5,865 shares on December 21, 2016. 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]Shares held by a separate GRAT dated December 18, 2015, which reflects the distribution and transfer from the trust to the reporting person's spouse of 3,855 shares on December 21, 2016. 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]Shares held by a separate GRAT dated December 18, 2015, which reflects the distribution and transfer from the trust to the reporting person's spouse of 2,855 shares on December 21, 2016. 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]Shares held by 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]Includes shares distributed to the reporting person by grantor retained annuity trusts ("GRATs") as discussed in footnotes (4) through (7) and set forth in 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]Includes shares distributed to the reporting person's spouse by GRATs as discussed in footnotes (8) through (14) and set forth in line items corresponding thereto.
[F4]Shares held by a GRAT dated December 18, 2015, which reflects the distribution and transfer from the trust to the reporting person of 11,914 shares on December 21, 2016. 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]Shares held by a separate GRAT dated December 18, 2015, which reflects the distribution and transfer from the trust to the reporting person of 5,865 shares on December 21, 2016. 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]Shares held by a separate GRAT dated December 18, 2015, which reflects the distribution and transfer from the trust to the reporting person of 7,799 shares on December 21, 2016. 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]Shares held by a separate GRAT dated December 18, 2015, which reflects the distribution and transfer from the trust to the reporting person of 1,833 shares on December 21, 2016. 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]Shares held by a separate GRAT dated December 18, 2015, which reflects the distribution and transfer from the trust to the reporting person's spouse of 7,799 shares on December 21, 2016. 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]Shares held by a GRAT dated December 18, 2015, which reflects the distribution and transfer from the trust to the reporting person's spouse of 1,833 shares on December 21, 2016. 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

1 file

4
rdgdoc.xmlPrimary
FORM 4

Issuer

NELNET INC

CIK 0001258602

→

Entity typeoperating

IncorporatedNE

Related Parties

filerCIK 0001258602

Filing Metadata

Form type: 4
Filed: Jan 9, 7:00 PM ET
Accepted: Jan 10, 5:53 PM ET
Size: 27.6 KB

View on SEC.gov