4//SEC Filing
ABEL JAMES P 4
Accession 0001437749-22-006622
CIK 0001258602other
Filed
Mar 16, 8:00 PM ET
Accepted
Mar 17, 5:54 PM ET
Size
8.7 KB
Accession
0001437749-22-006622
Insider Transaction Report
Form 4
NELNET INCNNI
ABEL JAMES P
Director
Transactions
- Exercise/Conversion
Class A Common Stock
2022-03-17+63,801→ 74,026 total - Exercise/Conversion
Phantom Stock
2022-03-17−63,801→ 0 totalFrom: 2022-03-17Exp: 2022-03-17→ Class A Common Stock (63,801 underlying)
Holdings
- 500(indirect: By Spouse)
Class A Common Stock
Footnotes (4)
- [F1]Settlement at the time of the reporting person's retirement from the issuer's Board of Directors on March 17, 2022 of previously reported grants of shares of phantom stock under Rule 16b-3(d), as well as shares of phantom stock acquired pursuant to the dividend reinvestment feature of the issuer's Directors Stock Compensation Plan, the terms of which as associated with prior grants of phantom stock were approved in accordance with Rule 16b-3(d).
- [F2]Each share of phantom stock granted to the reporting person under the issuer's Directors Stock Compensation Plan, or otherwise acquired by the reporting person pursuant to the dividend reinvestment feature of such plan, was the economic equivalent of one share of the issuer's Class A common stock. The reporting person settled all shares of phantom stock into shares of the issuer's Class A common stock on a one-for-one basis at the time of the retirement of the reporting person from the issuer's Board of Directors.
- [F3]Includes a total of 513 shares of phantom stock acquired since June 22, 2021 pursuant to the dividend reinvestment feature of the issuer's Directors Stock Compensation Plan.
- [F4]The shares of phantom stock were granted or otherwise acquired pursuant to the issuer's Directors Stock Compensation Plan and became payable in lump sum in shares of Class A Common Stock at the time of termination of the reporting person's service as a member of the issuer's Board of Directors.
Documents
Issuer
NELNET INC
CIK 0001258602
Entity typeother
Related Parties
1- filerCIK 0001269787
Filing Metadata
- Form type
- 4
- Filed
- Mar 16, 8:00 PM ET
- Accepted
- Mar 17, 5:54 PM ET
- Size
- 8.7 KB