Mark L. Heleen - 27 May 2021 Form 4 Insider Report for NAVIENT CORP (NAVI)

Role: EVP, CLO & Secretary
Signature: /s/ Kurt T. Slawson (POA) for Mark L. Heleen
Issuer symbol: NAVI
Transactions as of: 27 May 2021
Net transactions value: -$70,047
Form type: 4
Filing time: 02 Jun 2021, 09:00:39 UTC
Next filing: 07 Jan 2022
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	NAVI	Common Stock	Options Exercise	$863,196	+55,762	+17%	$15.48	389,575	27 May 2021	Direct
transaction	NAVI	Common Stock	Tax liability	$933,242	-51,390	-13%	$18.16	338,185	27 May 2021	Direct
holding	NAVI	Common Stock						9,637	27 May 2021	By 401(k)	F1

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	NAVI	Stock Option (Right to Buy)	Options Exercise	$0	-55,762	-100%	$0.000000^*	0	27 May 2021	Common Stock	55,762	$15.48	Direct

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Between March 2, 2021, and May 27, 2021, the reporting person acquired 80.4565 share equivalents of Navient common stock under the Navient 401(k) Savings Plan. The information in this report is based on the reporting person's actual account balance as of May 27, 2021.