Form 4 for NNI NELNET INC
Accepted 2022-03-14 00:00:00 ET · period of report 2022-03-10 · accession 0001437749-22-006126 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| M | 2022-03-14 | 2022-03-10 | NNI | HEIMES TERRY J | COO | A - Grant | $0.00 | +11.5K | 56.7K | +25% | $0 |
| M | 2022-03-14 | 2022-03-10 | NNI | HEIMES TERRY J | COO | F - Tax | $82.84 | -3,600 | 53.9K | -6% | -$298.2K |
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 | Class A Common Stock | 2022-03-10 | A | A | 6,052 | $0.00 | 51,223 | D | — | — | (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. |
| 2 | Common | Class A Common Stock | 2022-03-10 | A | A | 5,446 | $0.00 | 56,669 | D | — | — | (F5) These shares were issued to the reporting person pursuant to the issuer's Restricted Stock Plan, as the annual personal performance-based incentive bonus compensation for 2021 paid in stock, which the reporting person became entitled to receive on March 10, 2022. |
| 3 | Common | Class A Common Stock | 2022-03-10 | F | D | 791 | $83.64 | 45,171 | D | — | — | (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 shares distributed to the reporting person by a grantor retained annuity trust as discussed in footnote (11) below. |
| 4 | Common | Class A Common Stock | 2022-03-10 | F | D | 2,809 | $82.62 | 53,860 | D | — | — | (F6) Shares that were tax-withheld by the issuer to satisfy the reporting person's tax obligation resulting from the March 10, 2022 award by the issuer of 5,446 shares of bonus compensation stock. (F7) Per share value assigned by the issuer to the tax withholding shares under the tax withholding arrangement, and based on the average market closing price of the shares for March 1, 2022 through March 7, 2022. |