STEPHEN M. HAUBER - 03 Feb 2022 Form 4 Insider Report for NAVIENT CORP (NAVI)

Role
EVP, Chief Risk&Compliance Off
Signature
/s/ Kurt T. Slawson (POA) for Stephen M. Hauber
Issuer symbol
NAVI
Transactions as of
03 Feb 2022
Net transactions value
-$86,543
Form type
4
Filing time
04 Feb 2022, 15:47:04 UTC
Previous filing
07 May 2021
Next filing
08 Feb 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 $604,231 +39,033 +21% $15.48 225,839 03 Feb 2022 Direct F1, F2
transaction NAVI Common Stock Tax liability $634,934 -35,872 -16% $17.70 189,967 03 Feb 2022 Direct
transaction NAVI Common Stock Sale $55,839 -3,161 -1.7% $17.66 186,806 03 Feb 2022 Direct

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 -39,033 -100% $0.000000* 0 03 Feb 2022 Common Stock 39,033 $15.48 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Dividend equivalent rights (2,508.5779 units) issued on restricted stock units and performance stock units are included in the reporting person's common stock holding balance.
F2 The reporting person's common stock balance includes 762 shares acquired under the Navient Corporation Employee Stock Purchase Plan.