William J. Munn - Aug 18, 2021 Form 4 Insider Report for NELNET INC (NNI)

Signature
/s/ Audra Hoffschneider, Attorney-in-Fact for William J. Munn
Stock symbol
NNI
Transactions as of
Aug 18, 2021
Transactions value $
-$5,836
Form type
4
Date filed
8/20/2021, 04:16 PM
Previous filing
Jun 11, 2021
Next filing
Aug 30, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NNI Class A Common Stock Sale -$5.84K -73 -0.28% $79.95 26K Aug 18, 2021 Direct F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 These shares were sold pursuant to a Rule 10b5-1 Trading Plan (the "Plan") entered into by the reporting person on November 11, 2020. The Plan provides for the sale of shares of the issuer's Class A Common Stock, subject to limit price provisions and an expiration date of November 10, 2021. To the extent any future sales occur pursuant to the Plan, such sales will be publicly disclosed in Form 4 filings with the Securities and Exchange Commission.
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 or sell 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 purchases or sales of stock under the plan and the pre-planned trades 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.