Angie Muhleisen - 21 Jul 2023 Form 4 Insider Report for NELNET INC (NNI)

Role
10%+ Owner
Signature
/s/ Audra Hoffschneider, Attorney-in-Fact for Angela L. Muhleisen
Issuer symbol
NNI
Transactions as of
21 Jul 2023
Net transactions value
$0
Form type
4
Filing time
25 Jul 2023, 16:51:15 UTC
Previous filing
22 Dec 2022
Next filing
28 Aug 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding NNI Class A Common Stock 10,000 21 Jul 2023 By 2020 Dynasty Trust F1
holding NNI Class A Common Stock 10,000 21 Jul 2023 By 2020 Dynasty Trust F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Shares held by a Dynasty Trust established by Ms. Muhleisen in 2020, of which the adult daughter and the adult son of the reporting persons are the initial beneficiaries. The reporting persons continue to report beneficial ownership of all the shares held by the trust, but disclaim beneficial ownership of the shares held by the trust except to the extent of each such reporting person's pecuniary interest therein.
F2 Shares held by a Dynasty Trust established by Mr. Muhleisen in 2020, of which the adult daughter and the adult son of the reporting persons are the initial beneficiaries. The reporting persons continue to report beneficial ownership of all the shares held by the trust, but disclaim beneficial ownership of the shares held by the trust except to the extent of each such reporting person's pecuniary interest therein.

Remarks:

Two of two Form 4s filed on 7/25/2023 for the reporting of 7/21/2023 gift transactions included in the first Form 4. This second Form 4 includes holdings that could not be included in the first Form 4 due to a limitation on the number of line items that can be included per table in a single Form 4.