Stephen M. Hauber - Feb 3, 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
Stock symbol
NAVI
Transactions as of
Feb 3, 2022
Transactions value $
-$86,543
Form type
4
Date filed
2/4/2022, 03:47 PM
Previous filing
May 7, 2021
Next filing
Feb 8, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NAVI Common Stock Options Exercise $604K +39K +20.89% $15.48 226K Feb 3, 2022 Direct F1, F2
transaction NAVI Common Stock Tax liability -$635K -35.9K -15.88% $17.70 190K Feb 3, 2022 Direct
transaction NAVI Common Stock Sale -$55.8K -3.16K -1.66% $17.67 187K Feb 3, 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 -39K -100% $0.00* 0 Feb 3, 2022 Common Stock 39K $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.