John F. Remondi - Feb 3, 2022 Form 4 Insider Report for NAVIENT CORP (NAVI)

Role
Chief Executive Officer, Director
Signature
/s/ Kurt T. Slawson (POA) for John F. Remondi
Stock symbol
NAVI
Transactions as of
Feb 3, 2022
Transactions value $
-$219,359
Form type
4
Date filed
2/4/2022, 03:48 PM
Previous filing
Jan 7, 2022
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 $4.6M +297K +9.57% $15.48 3.41M Feb 3, 2022 Direct F1
transaction NAVI Common Stock Tax liability -$4.82M -271K -7.96% $17.79 3.13M Feb 3, 2022 Direct
holding NAVI Common Stock 250 Feb 3, 2022 As custodian for child

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 -297K -100% $0.00* 0 Feb 3, 2022 Common Stock 297K $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 (8,553.7605 units) issued on restricted stock units and performance stock units are included in the reporting person's common stock holding balance.