Key facts
- This page summarizes Laura S. Unger's Form 4 filing for NAVIENT CORP (NAVI).
- 1 reported transaction and 0 derivative rows are listed below.
- Accepted by SEC: 13 Feb 2024, 16:22.
Key filing fact
Ownership activity is grounded in SEC Form 4 disclosures.
Shares, units, or other non-derivative securities reported in this filing.
Award
Additional SEC filing notes
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 9, 2024); 25% on May 1, 2024; 25% on August 1, 2024; and 25% on November 1, 2024.
Footnote F2
Dividend equivalent rights 124.6112 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 0.6112 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.
SEC remarks
Exibit 24 - Power of Attorney