Filing Details

Accession Number:
0001127602-17-028271
Form Type:
4
Zero Holdings:
No
Publication Time:
2017-09-27 20:12:04
Reporting Period:
2017-09-26
Accepted Time:
2017-09-27 20:12:04
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 123 Justison Street
Suite 300
Wilmington DE 19801
Evp & Group President 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 2017-09-26 54,579 $11.49 393,075 No 4 M Direct
Common Stock Disposition 2017-09-26 48,164 $15.00 344,911 No 4 F Direct
Common Stock Disposition 2017-09-26 28,886 $15.00 316,025 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 M 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 2017-09-26 54,579 $0.00 54,579 $11.49
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
0 2016-02-07 2018-02-07 No 4 M Direct
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Common Stock 8,548 Indirect By 401(k)
Footnotes
  1. The transactions reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan entered into by the reporting person on August 11, 2017, and effective on August 14, 2017.
  2. The reporting person's common stock balance includes 571 shares acquired under the Navient Corporation Employee Stock Purchase Plan.
  3. Dividend equivalent rights issued on restricted and performance stock units are included in the reporting person's common stock holding balance.
  4. Between May 1, 2017, and September 26, 2017, the reporting person acquired 174.4940 share equivalents of Navient common stock under the Navient 401(k) Plan. The information in this report is based on the reporting person's actual account balance as of September 26, 2017.
  5. Represents the weighted average price per share of stock sold by the reporting person $15.00 and $15.0050. 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.