Form 4 for NAVI NAVIENT CORP
Accepted 2023-01-04 00:00:00 ET · period of report 2023-01-03 · accession 0001127602-23-000606 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| D | 2023-01-04 | 2023-01-03 | NAVI | KANE JOHN M | EVP, Group Pres | S - Sale+OE | $16.56 | -17.0K | 607.3K | -3% | -$281.6K |
| D | 2023-01-04 | 2023-01-03 | NAVI | KANE JOHN M | EVP, Group Pres | M - OptEx | $13.63 | +150.6K | 757.9K | +25% | +$2.05M |
| D | 2023-01-04 | 2023-01-03 | NAVI | KANE JOHN M | EVP, Group Pres | F - Tax | $16.45 | -133.6K | 624.3K | -18% | -$2.20M |
| D | 2023-01-04 | 2023-01-03 | NAVI | KANE JOHN M | EVP, Group Pres | M - OptEx | $0.00 | -150.6K | 0 | -100% | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock | 2023-01-03 | S | D | 17,006 | $16.56 | 607,302.85 | D | — | — | (F3) Represents the weighted average price per share of stock sold by the reporting person between $16.38 and $16.77. The reporting person undertakes to provide to Navient Corporation, any security holder of Navient Corporation or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price. |
| 2 | Common | Common Stock | 2023-01-03 | M | A | 150,579 | $13.63 | 757,881.85 | D | — | — | (F2) Dividend equivalent rights (8,485.3733 units) issued on restricted stock units and performance stock units ("PSUs") are included in the reporting person's common stock holding balance. |
| 3 | Common | Common Stock | 2023-01-03 | F | D | 133,573 | $16.45 | 624,308.85 | D | — | — | |
| 4 | Derivative | Stock Option (Right to Buy) | 2023-01-03 | M | D | 150,579 | $0.00 | 0 | D | $13.63 · 2021-02-05 to 2023-02-05 | 150,579 Common Stock |