Angie Muhleisen - Oct 26, 2021 Form 4 Insider Report for NELNET INC (NNI)

Role
10%+ Owner
Signature
/s/ Audra Hoffschneider, Attorney-in-Fact for Angela L. Muhleisen
Stock symbol
NNI
Transactions as of
Oct 26, 2021
Transactions value $
$0
Form type
4
Date filed
12/20/2021, 03:37 PM
Previous filing
Jun 22, 2021
Next filing
Dec 22, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NNI Class A Common Stock Gift $0 -59.7K -5% $0.00 1.13M Oct 26, 2021 Direct F1, F2, F3
holding NNI Class A Common Stock 1.13M Oct 26, 2021 Direct F4
holding NNI Class A Common Stock 52.3K Oct 26, 2021 Direct F5
holding NNI Class A Common Stock 693K Oct 26, 2021 By adult daughter
holding NNI Class A Common Stock 682K Oct 26, 2021 By adult son
holding NNI Class A Common Stock 276K Oct 26, 2021 By Dynasty Trust F6
holding NNI Class A Common Stock 276K Oct 26, 2021 By Dynasty Trust F7
holding NNI Class A Common Stock 88.1K Oct 26, 2021 By trust F8
holding NNI Class A Common Stock 88.1K Oct 26, 2021 By trust F9
holding NNI Class A Common Stock 88K Oct 26, 2021 By trust F10
holding NNI Class A Common Stock 88K Oct 26, 2021 By trust F11
holding NNI Class A Common Stock 52K Oct 26, 2021 By GRAT F12
holding NNI Class A Common Stock 54.8K Oct 26, 2021 By GRAT F13
holding NNI Class A Common Stock 46.6K Oct 26, 2021 By GRAT F14
holding NNI Class A Common Stock 49K Oct 26, 2021 By GRAT F15
holding NNI Class A Common Stock 34.7K Oct 26, 2021 By GRAT F16
holding NNI Class A Common Stock 36.5K Oct 26, 2021 By GRAT F17
holding NNI Class A Common Stock 37.4K Oct 26, 2021 By GRAT F18
holding NNI Class A Common Stock 39.2K Oct 26, 2021 By GRAT F19
holding NNI Class A Common Stock 38.4K Oct 26, 2021 By GRAT F20
holding NNI Class A Common Stock 39.9K Oct 26, 2021 By GRAT F21
holding NNI Class A Common Stock 10K Oct 26, 2021 By 2020 Dynasty Trust F22
holding NNI Class A Common Stock 10K Oct 26, 2021 By 2020 Dynasty Trust F23
* 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 Angela L. Muhleisen on September 13, 2021.
F2 Rule 10b5-1, promulgated under the Securities Exchange Act of 1934, allows significant shareholders 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 significant shareholder does not retain or exercise any discretion over transfers of stock under the plan and the pre-planned 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 significant shareholder may receive.
F3 These shares are held by Angela L. Muhleisen.
F4 These shares are held by Dan D. Muhleisen, who is the spouse of Angela L. Muhleisen.
F5 These shares are held jointly by Angela L. Muhleisen and Dan D. Muhleisen.
F6 Shares gifted to and held by a Dynasty Trust established by the reporting persons in 2012, of which the adult daughter of the reporting persons is the initial beneficiary. The reporting persons continue to report beneficial ownership of all the shares held by the trust, but disclaim beneficial ownership of the shares held by the trust except to the extent of each such reporting person's pecuniary interest therein.
F7 Shares gifted to and held by a Dynasty Trust established by the reporting persons in 2012, of which the adult son of the reporting persons is the initial beneficiary. The reporting persons continue to report beneficial ownership of all the shares held by the trust, but disclaim beneficial ownership of the shares held by the trust except to the extent of each such reporting person's pecuniary interest therein.
F8 Shares held by the Alicia L. Muhleisen Irrevocable Trust dated 8/29/2003, of which the adult daughter of the reporting persons is the beneficiary. The reporting persons continue to report beneficial ownership of all the shares held by the trust, but disclaim beneficial ownership of the shares held by the trust except to the extent of each such reporting person's pecuniary interest therein.
F9 Shares held by the D. Muhleisen Post-Annuity Irrevocable Trust dated 8/29/2003, of which the adult daughter of the reporting persons is the beneficiary. The reporting persons continue to report beneficial ownership of all the shares held by the trust, but disclaim beneficial ownership of the shares held by the trust except to the extent of each such reporting person's pecuniary interest therein.
F10 Shares held by the A. Muhleisen Post-Annuity Irrevocable Trust dated 8/29/2003, of which the adult son of the reporting persons is the beneficiary. The reporting persons continue to report beneficial ownership of all the shares held by the trust, but disclaim beneficial ownership of the shares held by the trust except to the extent of each such reporting person's pecuniary interest therein.
F11 Shares held by the Jason D. Muhleisen Irrevocable Trust dated 8/29/2003, of which the adult son of the reporting persons is the beneficiary. The reporting persons continue to report beneficial ownership of all the shares held by the trust, but disclaim beneficial ownership of the shares held by the trust except to the extent of each such reporting person's pecuniary interest therein.
F12 Shares held by a Dan D. Muhleisen Grantor Retained Annuity Trust dated June 10, 2020. The reporting persons continue to report beneficial ownership of all the shares held by the trust, but disclaim beneficial ownership of the shares held by the trust except to the extent of each such reporting person's pecuniary interest therein.
F13 Shares held by a separate Dan D. Muhleisen Grantor Retained Annuity Trust dated June 10, 2020. The reporting persons continue to report beneficial ownership of all the shares held by the trust, but disclaim beneficial ownership of the shares held by the trust except to the extent of each such reporting person's pecuniary interest therein.
F14 Shares held by a separate Dan D. Muhleisen Grantor Retained Annuity Trust dated June 10, 2020. The reporting persons continue to report beneficial ownership of all the shares held by the trust, but disclaim beneficial ownership of the shares held by the trust except to the extent of each such reporting person's pecuniary interest therein.
F15 Shares held by a separate Dan D. Muhleisen Grantor Retained Annuity Trust dated June 10, 2020. The reporting persons continue to report beneficial ownership of all the shares held by the trust, but disclaim beneficial ownership of the shares held by the trust except to the extent of each such reporting person's pecuniary interest therein.
F16 Shares held by an Angela L. Muhleisen Grantor Retained Annuity Trust dated June 10, 2020. The reporting persons continue to report beneficial ownership of all the shares held by the trust, but disclaim beneficial ownership of the shares held by the trust except to the extent of each such reporting person's pecuniary interest therein.
F17 Shares held by a separate Angela L. Muhleisen Grantor Retained Annuity Trust dated June 10, 2020. The reporting persons continue to report beneficial ownership of all the shares held by the trust, but disclaim beneficial ownership of the shares held by the trust except to the extent of each such reporting person's pecuniary interest therein.
F18 Shares held by a separate Angela L. Muhleisen Grantor Retained Annuity Trust dated June 10, 2020. The reporting persons continue to report beneficial ownership of all the shares held by the trust, but disclaim beneficial ownership of the shares held by the trust except to the extent of each such reporting person's pecuniary interest therein.
F19 Shares held by a separate Angela L. Muhleisen Grantor Retained Annuity Trust dated June 10, 2020. The reporting persons continue to report beneficial ownership of all the shares held by the trust, but disclaim beneficial ownership of the shares held by the trust except to the extent of each such reporting person's pecuniary interest therein.
F20 Shares held by a separate Angela L. Muhleisen Grantor Retained Annuity Trust dated June 10, 2020. The reporting persons continue to report beneficial ownership of all the shares held by the trust, but disclaim beneficial ownership of the shares held by the trust except to the extent of each such reporting person's pecuniary interest therein.
F21 Shares held by a separate Angela L. Muhleisen Grantor Retained Annuity Trust dated June 10, 2020. The reporting persons continue to report beneficial ownership of all the shares held by the trust, but disclaim beneficial ownership of the shares held by the trust except to the extent of each such reporting person's pecuniary interest therein.
F22 Shares held by a Dynasty Trust established by Ms. Muhleisen in 2020, of which the adult daughter and the adult son of the reporting persons are the initial beneficiaries. The reporting persons continue to report beneficial ownership of all the shares held by the trust, but disclaim beneficial ownership of the shares held by the trust except to the extent of each such reporting person's pecuniary interest therein.
F23 Shares held by a Dynasty Trust established by Mr. Muhleisen in 2020, of which the adult daughter and the adult son of the reporting persons are the initial beneficiaries. The reporting persons continue to report beneficial ownership of all the shares held by the trust, but disclaim beneficial ownership of the shares held by the trust except to the extent of each such reporting person's pecuniary interest therein.