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Filing Details

Accession Number:: 0001437749-22-006138
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2022-03-14 16:23:53
Reporting Period:: 2022-03-10

Accepted Time:: 2022-03-14 16:23:53
SEC Url:: Form 4 Filing

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
1258602	Nelnet Inc	NNI	Personal Credit Institutions (6141)	840748903

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1294176	J William Munn	121 South 13Th Street Suite 100 Lincoln NE 68508	Secy/Chief Legal Off/Gen Coun	No	Yes	No	No

Reported Non-Derivative Transactions

Show Other Fields >>

Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership
Class A Common Stock	Disposition	2022-03-10	152	$83.64	17,898	No	4	F	Direct
Class A Common Stock	Disposition	2022-03-10	126	$83.64	17,772	No	4	F	Direct
Class A Common Stock	Disposition	2022-03-10	116	$83.64	17,656	No	4	F	Direct
Class A Common Stock	Disposition	2022-03-10	137	$83.64	17,519	No	4	F	Direct
Class A Common Stock	Disposition	2022-03-10	119	$83.64	17,400	No	4	F	Direct
Class A Common Stock	Acquisiton	2022-03-10	2,421	$0.00	19,821	No	4	A	Direct
Class A Common Stock	Acquisiton	2022-03-10	4,176	$0.00	23,997	No	4	A	Direct
Class A Common Stock	Disposition	2022-03-10	1,226	$82.62	22,771	No	4	F	Direct
Class A Common Stock	Disposition	2022-03-14	500	$83.99	22,271	No	4	S	Direct

Equity Swap Involved	Form Type	Code	Nature of Ownership
No	4	F	Direct
No	4	F	Direct
No	4	F	Direct
No	4	F	Direct
No	4	F	Direct
No	4	A	Direct
No	4	A	Direct
No	4	F	Direct
No	4	S	Direct

Footnotes

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).
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.
Includes 500 shares held jointly with spouse.
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.
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.
These shares 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 4,176 shares of bonus compensation stock.
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.
These shares were sold pursuant to a Rule 10b5-1 Trading Plan (the "Plan") entered into by the reporting person on September 16, 2021. The Plan provides for the sale of shares of the issuer's Class A Common Stock, subject to limit price provisions and an expiration date of September 15, 2022. To the extent any future sales occur pursuant to the Plan, such sales will be publicly disclosed in Form 4 filings with the Securities and Exchange Commission.
Rule 10b5-1, promulgated under the Securities Exchange Act of 1934, allows executives of a company who are not in possession of material non-public information to establish pre-arranged plans to buy or sell a specified number of shares of such company's stock. Once a plan is established, the executive does not retain or exercise any discretion over purchases or sales of stock under the plan and the pre-planned trades may be executed at later dates as set forth in the plan, without regard to any subsequent material non-public information related to the company that the executive may receive.