Cintani William Robert 4
4 · NELNET INC · Filed Jun 21, 2022
Insider Transaction Report
Form 4
NELNET INCNNI
Cintani William Robert
Director
Transactions
- Award
Phantom Stock
2022-06-21$65.21/sh+2,761$180,045→ 29,580 total→ Class A Common Stock (2,761 underlying)
Holdings
- 3,948
Class A Common Stock
Footnotes (3)
- [F1]1-for-1.
- [F2]The shares of phantom stock were granted pursuant to the issuer's Directors Stock Compensation Plan. They will become payable 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. The shares will be payable in a lump sum at the time of termination of the reporting person's service as a member of the issuer's Board, or in up to five annual installments, commencing at the time of termination of the reporting person's service on the issuer's Board, as elected by the reporting person.
- [F3]Includes a total of 299 shares acquired since June 22, 2021 pursuant to the dividend reinvestment feature of the issuer's Directors Stock Compensation Plan.