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
  1. Dividend equivalent rights issued on RSUs are included in Mr. Kane's common stock holding balance.
  2. 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.
  3. 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.
  4. 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.
  5. 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).