Michael S. Dunlap - Apr 9, 2021 Form 4 Insider Report for NELNET INC (NNI)

Role
Executive Chairman of Board, Director, 10%+ Owner
Signature
/s/ Kirsten J. Foos, Attorney-in-Fact for Michael S. Dunlap
Stock symbol
NNI
Transactions as of
Apr 9, 2021
Transactions value $
$0
Form type
4
Date filed
6/11/2021, 07:04 PM
Next filing
Jan 11, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding NNI Class B Common Stock 151K Apr 9, 2021 By trust F1
holding NNI Class B Common Stock 151K Apr 9, 2021 By trust F2
holding NNI Class B Common Stock 67.4K Apr 9, 2021 By trust F3
holding NNI Class B Common Stock 67.4K Apr 9, 2021 By trust F4
holding NNI Class B Common Stock 67.4K Apr 9, 2021 By trust F5
holding NNI Class B Common Stock 65.2K Apr 9, 2021 By trust F6
holding NNI Class B Common Stock 65.2K Apr 9, 2021 By trust F7
holding NNI Class B Common Stock 65.2K Apr 9, 2021 By trust F8
holding NNI Class A Common Stock 4.16K Apr 9, 2021 By adult son
holding NNI Class A Common Stock 1.98K Apr 9, 2021 By adult son
holding NNI Class A Common Stock 1.22K Apr 9, 2021 By adult son
holding NNI Class B Common Stock 100 Apr 9, 2021 By adult son
holding NNI Class B Common Stock 100 Apr 9, 2021 By adult son
holding NNI Class B Common Stock 100 Apr 9, 2021 By adult son
holding NNI Class B Common Stock 100 Apr 9, 2021 By 2019 Dynasty Trust F9
holding NNI Class B Common Stock 100 Apr 9, 2021 By 2019 Dynasty Trust F10
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Shares held by a separate Michael S. Dunlap 2011 Post Annuity Irrevocable Trust, of which an adult son of the reporting person is the beneficiary.
F2 Shares held by a separate Michael S. Dunlap 2011 Post Annuity Irrevocable Trust, of which an adult son of the reporting person is the beneficiary.
F3 Shares held by a 2015 post annuity irrevocable trust, of which an adult son of the reporting person is the beneficiary.
F4 Shares held by a separate 2015 post annuity irrevocable trust, of which an adult son of the reporting person is the beneficiary.
F5 Shares held by a separate 2015 post annuity irrevocable trust, of which an adult son of the reporting person is the beneficiary.
F6 Shares held by a separate 2015 post annuity irrevocable trust, of which an adult son of the reporting person is the beneficiary.
F7 Shares held by a separate 2015 post annuity irrevocable trust, of which an adult son of the reporting person is the beneficiary.
F8 Shares held by a separate 2015 post annuity irrevocable trust, of which an adult son of the reporting person is the beneficiary.
F9 Shares held by a Dynasty Trust established by the reporting person in 2019, of which the adult sons of the reporting person and his spouse are the initial beneficiaries. The reporting person continues to report beneficial ownership of all the shares held by the trust, but disclaims beneficial ownership of the shares held by the trust except to the extent of his pecuniary interest therein.
F10 Shares held by a Dynasty Trust established by the reporting person's spouse in 2019, of which the adult sons of the reporting person and his spouse are the initial beneficiaries. The reporting person continues to report beneficial ownership of all the shares held by the trust, but disclaims beneficial ownership of the shares held by the trust except to the extent of his pecuniary interest therein.

Remarks:

Two of two Form 4s filed on June 11, 2021 for the reporting of an April 9, 2021 gift transaction included in the first Form 4. This second Form 4 includes holdings that could not be included in the first Form 4 due to a limitation on the number of line items that can be included per table in a single Form 4.