4//SEC Filing
Tewes Timothy 4
Accession 0001437749-20-004954
CIK 0001258602other
Filed
Mar 11, 8:00 PM ET
Accepted
Mar 12, 4:31 PM ET
Size
8.5 KB
Accession
0001437749-20-004954
Insider Transaction Report
Form 4
NELNET INCNNI
Tewes Timothy
Executive Director
Transactions
- Award
Class A Common Stock
2020-03-10+8,064→ 61,483 total - Tax Payment
Class A Common Stock
2020-03-10$50.33/sh−250$12,583→ 53,419 total - Tax Payment
Class A Common Stock
2020-03-10$52.20/sh−2,367$123,557→ 59,116 total
Footnotes (6)
- [F1]These shares were tax-withheld by the issuer to satisfy the reporting person's tax obligation resulting from the vesting of a previously reported grant of shares pursuant to Rule 16b-3(d).
- [F2]Per share value assigned by the issuer to the tax withholding shares under the tax withholding arrangement, and based on the market closing price of the shares as of March 10, 2020.
- [F3]Includes 1,492 shares issued pursuant to the issuer's Employee Share Purchase Plan.
- [F4]Issued pursuant to the issuer's Restricted Stock Plan, as the annual personal performance-based incentive bonus compensation for 2019 paid in stock, which the reporting person became entitled to receive on March 10, 2020.
- [F5]Shares that were tax-withheld by the issuer to satisfy the reporting person's tax obligation resulting from the March 10, 2020 award by the issuer of 8,064 shares of bonus compensation stock.
- [F6]Per share value assigned by the issuer to the tax withholding shares under the tax withholding arrangement, and based on the average market closing price of the shares for February 28, 2020 through March 5, 2020.
Documents
Issuer
NELNET INC
CIK 0001258602
Entity typeother
Related Parties
1- filerCIK 0001427909
Filing Metadata
- Form type
- 4
- Filed
- Mar 11, 8:00 PM ET
- Accepted
- Mar 12, 4:31 PM ET
- Size
- 8.5 KB