4//SEC Filing
NOORDHOEK JEFFREY R 4
Accession 0001437749-21-005918
CIK 0001258602other
Filed
Mar 11, 7:00 PM ET
Accepted
Mar 12, 4:23 PM ET
Size
11.4 KB
Accession
0001437749-21-005918
Insider Transaction Report
Form 4
NELNET INCNNI
NOORDHOEK JEFFREY R
President/Executive Director
Transactions
- Gift
Class A Common Stock
2007-09-10−16,426→ 67,393 total - Award
Class A Common Stock
2021-03-10+13,467→ 81,560 total - Gift
Class A Common Stock
2007-09-10+16,426→ 311,008 total(indirect: By Trust)
Holdings
- 14,163(indirect: By Trust)
Class A Common Stock
- 126,462(indirect: By Trust)
Class A Common Stock
Footnotes (7)
- [F1]On September 10, 2007, 16,426 shares were transferred by gift from the reporting person to The Jeffrey R. Noordhoek Trust, which is a revocable trust established by the reporting person in 2005 for the benefit of the reporting person and his spouse and dependents. The agreement for this trust was subsequently amended and restated on August 9, 2016.
- [F2]This balance reflects previously reported transactions that occurred subsequent to the date of this gift transaction.
- [F3]Shares held by The Jeffrey R. Noordhoek Amended And Restated Revocable Trust, dated August 9, 2016, which is a revocable trust with respect to which the reporting person is the trustee and settlor, and the reporting person, his spouse and children are beneficiaries. The balance of shares held by the trust reflects previously reported transactions that occurred subsequent to the date of this gift transaction.
- [F4]These restricted shares were awarded to the reporting person pursuant to the issuer's Restricted Stock Plan. The shares vest equally over a five-year period, with one-fifth of the amount vesting annually on March 10 of each year.
- [F5]Includes 5,073 shares issued pursuant to the issuer's Employee Share Purchase Plan, which number of shares reflects the acquisition of a total of 29 shares under the issuer's Employee Share Purchase Plan since March 12, 2020. Also includes 671 shares distributed to the reporting person by The Noordhoek Charitable Remainder Unitrust I on December 31, 2020 as discussed in footnote (7) below.
- [F6]Shares held by the Jeffrey Noordhoek Post Annuity Irrevocable Trust dated August 29, 2003, of which the reporting person's spouse and children are initial 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.
- [F7]Shares held by The Noordhoek Charitable Remainder Unitrust I (of which the reporting person is the sole noncharitable beneficiary), which reflect an annual distribution and transfer from the trust to the reporting person of 671 shares on December 31, 2020. 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 typeother
Related Parties
1- filerCIK 0001269813
Filing Metadata
- Form type
- 4
- Filed
- Mar 11, 7:00 PM ET
- Accepted
- Mar 12, 4:23 PM ET
- Size
- 11.4 KB