Tewes Timothy 4
4 · NELNET INC · Filed Mar 14, 2022
Insider Transaction Report
Form 4
NELNET INCNNI
Tewes Timothy
President
Transactions
- Tax Payment
Class A Common Stock
2022-03-10$83.64/sh−805$67,330→ 71,778 total - Award
Class A Common Stock
2022-03-10+6,052→ 77,830 total
Footnotes (4)
- [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 on March 10, 2022.
- [F3]Includes 1,492 shares issued pursuant to the issuer's Employee Share Purchase Plan.
- [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.