Katherine A. Lehman - 04 Feb 2022 Form 4 Insider Report for NAVIENT CORP (NAVI)

Source evidence Original filing metadata and source links for verification. 3 source fields
SEC form
4
Accepted by SEC
08 Feb 2022, 15:29:47 UTC
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Kurt T. Slawson (POA) for Katherine A. Lehman

Key filing fact

Katherine A. Lehman filed Form 4 for NAVIENT CORP (NAVI) on 08 Feb 2022.

Key facts

  • This page summarizes Katherine A. Lehman's Form 4 filing for NAVIENT CORP (NAVI).
  • 1 reported transaction and 0 derivative rows are listed below.
  • Accepted by SEC: 08 Feb 2022, 15:29.

Change

  • No earlier filing in this sequence is available for direct comparison.
  • 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

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

NAVI transaction

Common Stock

Award

Transaction value
$0
Shares
+7,856
Change %
+11%
Price
$0.000000
Shares after
78,475
Date
04 Feb 2022
Ownership
Direct
Footnotes
F1, F2, F3
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 3 footnotes

Footnote F1

Represents a grant of restricted stock to a non-employee director under the Navient Corporation 2014 Omnibus Incentive Plan. The restrictions lift on a quarterly basis subject to continued active service on the Navient Board of Directors as follows: 25% on the grant date (Feb 4, 2022); 25% on May 1, 2022; 25% on August 1, 2022; and 25% on November 1, 2022.

Footnote F2

Dividend equivalent rights (157.1997 units) issued on previously unvested restricted are included in the reporting person's common stock holding balance. Each dividend equivalent right is the economic equivalent of one share of Navient Corporation common stock.

Footnote F3

Reflects the disposition of .1997 shares settled in cash upon the delivery of the related dividend equivalent rights, in accordance with the terms of the 2014 Navient Corporation Omnibus Incentive Plan.

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