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

Role
EVP, CLO & Secretary
Signature
/s/ Kurt T. Slawson (POA) for Mark L. Heleen
Stock symbol
NAVI
Transactions as of
May 27, 2021
Transactions value $
-$70,047
Form type
4
Date filed
6/2/2021, 09:00 AM
Next filing
Jan 7, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NAVI Common Stock Options Exercise $863K +55.8K +16.7% $15.48 390K May 27, 2021 Direct
transaction NAVI Common Stock Tax liability -$933K -51.4K -13.19% $18.16 338K May 27, 2021 Direct
holding NAVI Common Stock 9.64K May 27, 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 -55.8K -100% $0.00* 0 May 27, 2021 Common Stock 55.8K $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.