InsiderTrades

Form 4 for NNI NELNET INC

Accepted 2021-07-23 00:00:00 ET · period of report 2021-07-21 · accession 0001437749-21-017487 · 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
MI 2021-07-23 2021-07-22 NNI Butterfield Shelby J 10% C - Cnv Deriv — 0 105.5K New —
MI 2021-07-23 2021-07-21+ NNI Butterfield Shelby J 10% S - Sale $73.61 -15.0K 5,510 -73% -$1.10M

Purchase Sale Sale after option exercise All abbreviations

Every reported transaction

#TableSecurityDateCodeA/DSharesPriceOwned afterOwnExercise / expiryUnderlyingFootnotes
1 Common Class B Common Stock 2021-07-22 C D 100,000 — 307,370 I By Butterfield GST Non-Exempt Marital Trust — — (F5) Shares of the issuer's Class B common stock are convertible at a fixed one-for-one ratio into an equal number of shares of the issuer's Class A common stock at any time at the holder's option. On July 22, 2021, the Butterfield GST Non-Exempt Marital Trust converted 100,000 shares of Class B common stock into 100,000 shares of Class A common stock. Such conversion of convertible common stock at a fixed ratio was exempt from Section 16(b) under Rule 16-6(b). (F4) Shares held by the Stephen F. Butterfield GST Non-Exempt Marital Trust (the "Butterfield GST Non-Exempt Marital Trust"), an estate planning trust for the family of Stephen F. Butterfield. The reporting person reports 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 her pecuniary interest therein.
2 Common Class A Common Stock 2021-07-22 C A 100,000 — 105,510 I By Butterfield GST Non-Exempt Marital Trust — — (F5) Shares of the issuer's Class B common stock are convertible at a fixed one-for-one ratio into an equal number of shares of the issuer's Class A common stock at any time at the holder's option. On July 22, 2021, the Butterfield GST Non-Exempt Marital Trust converted 100,000 shares of Class B common stock into 100,000 shares of Class A common stock. Such conversion of convertible common stock at a fixed ratio was exempt from Section 16(b) under Rule 16-6(b). (F4) Shares held by the Stephen F. Butterfield GST Non-Exempt Marital Trust (the "Butterfield GST Non-Exempt Marital Trust"), an estate planning trust for the family of Stephen F. Butterfield. The reporting person reports 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 her pecuniary interest therein.
3 Common Class A Common Stock 2021-07-22 S D 4,999 $73.12 100,511 I By Butterfield GST Non-Exempt Marital Trust — — (F6) The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $72.70 to $73.55, inclusive. (F4) Shares held by the Stephen F. Butterfield GST Non-Exempt Marital Trust (the "Butterfield GST Non-Exempt Marital Trust"), an estate planning trust for the family of Stephen F. Butterfield. The reporting person reports 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 her pecuniary interest therein.
4 Common Class A Common Stock 2021-07-22 S D 1 $73.75 100,510 I By Butterfield GST Non-Exempt Marital Trust — — (F4) Shares held by the Stephen F. Butterfield GST Non-Exempt Marital Trust (the "Butterfield GST Non-Exempt Marital Trust"), an estate planning trust for the family of Stephen F. Butterfield. The reporting person reports 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 her pecuniary interest therein.
5 Common Class A Common Stock 2021-07-23 S D 5,000 $73.35 95,510 I By Butterfield GST Non-Exempt Marital Trust — — (F7) The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $72.88 to $73.64, inclusive. (F4) Shares held by the Stephen F. Butterfield GST Non-Exempt Marital Trust (the "Butterfield GST Non-Exempt Marital Trust"), an estate planning trust for the family of Stephen F. Butterfield. The reporting person reports 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 her pecuniary interest therein.
6 Common Class A Common Stock 2021-07-21 S D 5,000 $74.37 5,510 I By Butterfield GST Non-Exempt Marital Trust — — (F3) The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $73.89 to $74.79, inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnotes (3), (6) and (7) to this Form 4. (F4) Shares held by the Stephen F. Butterfield GST Non-Exempt Marital Trust (the "Butterfield GST Non-Exempt Marital Trust"), an estate planning trust for the family of Stephen F. Butterfield. The reporting person reports 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 her pecuniary interest therein.