Key facts
- This page summarizes James P. Abel's Form 4 filing for NELNET INC (NNI).
- 2 reported transactions and 1 derivative row are listed below.
- Accepted by SEC: 17 Mar 2022, 17:54.
James P. Abel - 17 Mar 2022 Form 4 Insider Report for NELNET INC (NNI)
- Reporting relationship
- Former Director
- Issuer ticker
- NNI
- Reported as of
- 17 Mar 2022
- Net transaction value
- $0
- SEC form
- 4
- Accepted by SEC
- 17 Mar 2022, 17:54:25 UTC
- Prior SEC filing
- 22 Jun 2021
- Source filing
- View source filing
- Reporting owner signature
- /s/ Audra Hoffschneider, Attorney-in-Fact for James P. Abel
Source evidence
Original filing metadata and source links for verification.
4 source fields
Reporting owner
1 detail
Key filing fact
James P. Abel filed Form 4 for NELNET INC (NNI) on 17 Mar 2022.
Change
- Previous filing in this sequence was filed on 22 Jun 2021.
- Current net transaction value: $0.
Research use
- This tells you what this filing adds before you inspect full transaction and derivative tables.
- You can trace every row back to the original SEC filing document.
Evidence
Filed on Form 4
View source filing
Ownership activity is grounded in SEC Form 4 disclosures.
Reported non-derivative transactions
Shares, units, or other non-derivative securities reported in this filing.
NNI
transaction
Class A Common Stock
Options Exercise
- Transaction value
- Shares
- +63,801
- Change %
- +624%
- Price
- Shares after
- 74,026
- Date
- 17 Mar 2022
- Ownership
- Direct
- Footnotes
- F1, F2
NNI
holding
Class A Common Stock
No transaction description listed
- Transaction value
- Shares
- Change %
- Price
- Shares after
- 500
- Date
- 17 Mar 2022
- Ownership
- By spouse
Reported derivative securities
Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.
NNI
transaction
Derivative
Phantom Stock
Options Exercise
- Transaction value
- Shares
- -63,801
- Change %
- -100%
- Price
- Shares after
- 0
- Date
- 17 Mar 2022
- Ownership
- Direct
- Underlying class
- Class A Common Stock
- Underlying amount
- 63,801
- Exercise price
- Footnotes
- F1, F2, F3, F4
* marks a reported price that did not pass the local price check.
Additional SEC filing notes
Filing notes and footnotes
Section 16 status
James P. Abel is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may still apply in specific circumstances.
Explanation of responses 4 footnotes
Footnote F1
Settlement at the time of the reporting person's retirement from the issuer's Board of Directors on March 17, 2022 of previously reported grants of shares of phantom stock under Rule 16b-3(d), as well as shares of phantom stock acquired pursuant to the dividend reinvestment feature of the issuer's Directors Stock Compensation Plan, the terms of which as associated with prior grants of phantom stock were approved in accordance with Rule 16b-3(d).
Footnote F2
Each share of phantom stock granted to the reporting person under the issuer's Directors Stock Compensation Plan, or otherwise acquired by the reporting person pursuant to the dividend reinvestment feature of such plan, was the economic equivalent of one share of the issuer's Class A common stock. The reporting person settled all shares of phantom stock into shares of the issuer's Class A common stock on a one-for-one basis at the time of the retirement of the reporting person from the issuer's Board of Directors.
Footnote F3
Includes a total of 513 shares of phantom stock acquired since June 22, 2021 pursuant to the dividend reinvestment feature of the issuer's Directors Stock Compensation Plan.
Footnote F4
The shares of phantom stock were granted or otherwise acquired pursuant to the issuer's Directors Stock Compensation Plan and became payable in lump sum in shares of Class A Common Stock at the time of termination of the reporting person's service as a member of the issuer's Board of Directors.