William J. Munn - 02 Mar 2021 Form 4 Insider Report for NELNET INC (NNI)

Signature
/s/ Kirsten J. Foos, Attorney-in-Fact for William J. Munn
Issuer symbol
NNI
Transactions as of
02 Mar 2021
Net transactions value
$0
Form type
4
Filing time
11 Jun 2021, 19:07:19 UTC
Next filing
20 Aug 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NNI Class A Common Stock Gift $0 -338 -1.3% $0.000000 26,200 02 Mar 2021 Direct F1, F2, F3
transaction NNI Class A Common Stock Gift $0 -150 -0.57% $0.000000 26,050 17 Mar 2021 Direct F2, F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 This gift to a charitable organization as described in Section 501(c)(3) of the Internal Revenue Code was effected pursuant to a Rule 10b5-1 plan that was entered into by the reporting person on November 30, 2020.
F2 Rule 10b5-1, promulgated under the Securities Exchange Act of 1934, allows executives of a company who are not in possession of material non-public information to establish pre-arranged plans to buy, sell or otherwise transfer a specified number of shares of such company's stock. Once a plan is established, the executive does not retain or exercise any discretion over sales or other transfers of stock under the plan and the pre-planned trades or other transfers may be executed at later dates as set forth in the plan, without regard to any subsequent material non-public information related to the company that the executive may receive.
F3 Includes 500 shares held jointly with spouse.
F4 This gift to a charitable organization as described in Section 501(c)(3) of the Internal Revenue Code was effected pursuant to a Rule 10b5-1 plan that was entered into by the reporting person on December 17, 2020.