Form 4 for NNI NELNET INC
Accepted 2023-03-14 00:00:00 ET · period of report 2023-03-10 · accession 0001567619-23-005053 · 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 | 2023-03-14 | 2023-03-10 | NNI | NOORDHOEK JEFFREY R | CEO | F - Tax | $90.96 | -2,651 | 94.9K | -3% | -$241.1K |
| M | 2023-03-14 | 2023-03-10 | NNI | NOORDHOEK JEFFREY R | CEO | A - Grant | $0.00 | +10.6K | 100.4K | +12% | $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 | Class A Common Stock | 2023-03-10 | F | D | 791 | $90.43 | 95,295 | 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, 2023. (F3) Includes 5,109 shares issued pursuant to the issuer's Employee Share Purchase Plan, which number of shares reflects the acquisition of a total of 17 shares under the issuer's Employee Share Purchase Plan since March 14, 2022. Also includes 910 shares distributed to the reporting person by The Noordhoek Charitable Remainder Unitrust I on December 30, 2022 as discussed in footnote (10) below. |
| 2 | Common | Class A Common Stock | 2023-03-10 | F | D | 1,504 | $91.36 | 104,030 | D | — | — | (F6) These shares were tax-withheld by the issuer to satisfy the reporting person's tax obligation resulting from the March 10, 2023 award by the issuer of 5,122 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, 2023 through March 7, 2023. |
| 3 | Common | Class A Common Stock | 2023-03-10 | A | A | 5,122 | $0.00 | 105,534 | 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 2022 paid in stock, which the reporting person became entitled to receive on March 10, 2023. |
| 4 | Common | Class A Common Stock | 2023-03-10 | A | A | 5,473 | $0.00 | 100,412 | 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. |
| 5 | Common | Class A Common Stock | 2023-03-10 | F | D | 356 | $90.43 | 94,939 | 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, 2023. |