Filing Details
- Accession Number:
- 0001127602-14-033027
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2014-11-20 17:43:20
- Reporting Period:
- 2014-11-19
- Filing Date:
- 2014-11-20
- Accepted Time:
- 2014-11-20 17:43:20
- SEC Url:
- Form 4 Filing
Issuer
Cik | Name | Symbol | Sector (SIC) | IRS No |
---|---|---|---|---|
1593538 | Navient Corp | NAVI | Security Brokers, Dealers & Flotation Companies (6211) | 464054283 |
Insiders
Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
---|---|---|---|---|---|---|---|
1605711 | M John Kane | 300 Continental Drive Newark DE 19713 | Chief Operating Officer | No | Yes | No | No |
Reported Non-Derivative Transactions
Sec. Name | Acquisiton - Disposition | Date | Amount | Price | Remaning Holdings | Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|---|---|---|---|---|---|
Common Stock | Acquisiton | 2014-11-19 | 100,000 | $0.00 | 222,575 | No | 4 | M | Direct | |
Common Stock | Acquisiton | 2014-11-19 | 27,273 | $0.00 | 249,848 | No | 4 | M | Direct | |
Common Stock | Disposition | 2014-11-19 | 83,288 | $20.63 | 166,560 | No | 4 | F | Direct | |
Common Stock | Disposition | 2014-11-19 | 20,218 | $20.63 | 146,342 | No | 4 | F | Direct | |
Common Stock | Disposition | 2014-11-19 | 23,767 | $20.67 | 122,575 | No | 4 | S | Direct |
Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|
No | 4 | M | Direct | |
No | 4 | M | Direct | |
No | 4 | F | Direct | |
No | 4 | F | Direct | |
No | 4 | S | Direct |
Reported Derivative Transactions
Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
---|---|---|---|---|---|---|---|
Common Stock | Stock Option (Right to Buy) | Disposition | 2014-11-19 | 100,000 | $0.00 | 100,000 | $14.03 |
Common Stock | Stock Option (Right to Buy) | Disposition | 2014-11-19 | 27,273 | $0.00 | 27,273 | $10.26 |
Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
---|---|---|---|---|---|---|
0 | 2014-11-10 | 2018-05-12 | No | 4 | M | Direct |
13,636 | 2017-02-03 | No | 4 | M | Direct |
Reported Non-Derivative Holdings
Sec. Name | Remaning Holdings | Nature of Ownership | Explanation |
---|---|---|---|
Common Stock | 5,567 | Indirect | By 401(k) |
Common Stock | 981 | Indirect | By Supplemental Savings & Thrift |
Footnotes
- Dividend equivalent rights issued on RSUs are included in Mr. Kane's common stock holding balance.
- Represents the weighted average price per share of stock sold by Mr. Kane between $20.60 and $20.71. 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.
- Between April 30, 2014, and November 19, 2014, Mr. Kane acquired 91.1792 share equivalents of Navient common stock under the Navient 401(k) Plan. The information in this report is based on the individual's actual account balance as of November 19, 2014.
- Between April 30, 2014 and November 19, 2014, Mr. Kane acquired 16.0736 share equivalents of Navient common stock under the Navient Supplemental Thrift & Savings Plan. The information in this report is based on the individual's actual account balance as of November 19, 2014.
- Two-thirds of the total options granted to Mr. Kane were exercisable as of November 19, 2014. The remaining one-third of these options will become exercisable on the third anniversary of the grant date (February 3, 2015).