Thomas E. Henning - Jun 17, 2024 Form 4 Insider Report for NELNET INC (NNI)

Role
Director
Signature
/s/ Audra Hoffschneider, Attorney-in-Fact for Thomas E. Henning
Stock symbol
NNI
Transactions as of
Jun 17, 2024
Transactions value $
$192,552
Form type
4
Date filed
6/18/2024, 04:16 PM
Previous filing
Jun 4, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding NNI Class A Common Stock 16.2K Jun 17, 2024 Direct
holding NNI Class A Common Stock 3.1K Jun 17, 2024 By Spouse

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction NNI Phantom Stock Award $193K +2.32K +4.44% $83.14 54.4K Jun 17, 2024 Class A Common Stock 2.32K Direct F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 1-for-1.
F2 The shares of phantom stock were granted pursuant to the issuer's Directors Stock Compensation Plan. They will become payable in shares of Class A Common Stock promptly after the time of termination of the reporting person's service as a member of the issuer's Board of Directors. The shares will be payable in a lump sum promptly after the time of termination of the reporting person's service as a member of the issuer's Board, or in up to five annual installments, commencing promptly after the time of termination of the reporting person's service on the issuer's Board, as elected by the reporting person.
F3 Includes a total of 625 shares acquired since June 21, 2023 pursuant to the dividend reinvestment feature of the issuer's Directors Stock Compensation Plan.