4//SEC Filing
Kruger James D 4
Accession 0001437749-22-006132
CIK 0001258602other
Filed
Mar 13, 8:00 PM ET
Accepted
Mar 14, 4:17 PM ET
Size
16.0 KB
Accession
0001437749-22-006132
Insider Transaction Report
Form 4
NELNET INCNNI
Kruger James D
Chief Financial Officer
Transactions
- Tax Payment
Class A Common Stock
2022-03-10$83.64/sh−786$65,741→ 116,887 total - Award
Class A Common Stock
2022-03-10+6,052→ 122,939 total - Award
Class A Common Stock
2022-03-10+10,892→ 133,831 total - Tax Payment
Class A Common Stock
2022-03-10$82.62/sh−3,197$264,136→ 130,634 total
Holdings
- 15,000(indirect: By GRAT)
Class A Common Stock
- 10,000(indirect: By Trust)
Class A Common Stock
- 15,000(indirect: By GRAT)
Class A Common Stock
- 10,000(indirect: By Trust)
Class A Common Stock
- 10,000(indirect: By Trust)
Class A Common Stock
Footnotes (12)
- [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).
- [F10]Shares held by a trust for the benefit of an adult son of the reporting person. 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 trust for the benefit of another adult son of the reporting person. 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 trust for the benefit of an adult daughter of the reporting person. 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]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 on March 10, 2022.
- [F3]Includes 3,488 shares issued pursuant to the issuer's Employee Share Purchase Plan. Also includes 93,100 shares held jointly with spouse, which number of jointly held shares reflects the vesting of 2,694 shares from a previously reported grant of shares to the reporting person pursuant to Rule 16b-3(d) and a transfer of such shares to a joint ownership account on March 10, 2022.
- [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]These shares were issued to the reporting person pursuant to the issuer's Restricted Stock Plan, as the annual personal performance-based incentive bonus compensation for 2021 paid in stock, which the reporting person became entitled to receive on March 10, 2022.
- [F6]Shares that were tax-withheld by the issuer to satisfy the reporting person's tax obligation resulting from the March 10, 2022 award by the issuer of 10,892 shares of bonus compensation stock.
- [F7]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 March 1, 2022 through March 7, 2022.
- [F8]Shares held by a grantor retained annuity trust ("GRAT) established by the reporting person on September 1, 2021. 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 established by the reporting person's spouse on September 1, 2021. 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 0001593432
Filing Metadata
- Form type
- 4
- Filed
- Mar 13, 8:00 PM ET
- Accepted
- Mar 14, 4:17 PM ET
- Size
- 16.0 KB