Matthew W. Dunlap - Jun 10, 2022 Form 4 Insider Report for NELNET INC (NNI)

Role
Chief Business Develop. Off., Director
Signature
/s/ Audra Hoffschneider, Attorney-in-Fact for Matthew W. Dunlap
Stock symbol
NNI
Transactions as of
Jun 10, 2022
Transactions value $
-$1,220
Form type
4
Date filed
6/14/2022, 06:03 PM
Previous filing
Mar 29, 2022
Next filing
Mar 14, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NNI Class A Common Stock Tax liability -$1.22K -15 -0.16% $81.32 9.62K Jun 10, 2022 Direct F1, F2
holding NNI Class B Common Stock 100 Jun 10, 2022 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 These shares were tax-withheld by the issuer to satisfy the reporting person's tax obligation resulting from the vesting of a prior grant of shares approved in accordance with the provisions of Rule 16b-3.
F2 Per share value assigned by the issuer to the tax withholding shares under the tax withholding arrangement, and based on the market closing price of the shares on June 10, 2022.

Remarks:

This Form 4 excludes certain shares of the issuer held by various estate planning trusts and by a family limited liability company in which the reporting person has an interest by virtue of being a beneficiary of various trusts, but with respect to which shares the reporting person does not have or share investment control, because the reporting person does not have or share investment or dispositive power or voting power, and thus the reporting person is not deemed to beneficially own such shares for purposes of Section 16(a) of the Securities Exchange Act of 1934.