0001127602-14-025341.txt : 20140812 0001127602-14-025341.hdr.sgml : 20140812 20140812171701 ACCESSION NUMBER: 0001127602-14-025341 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20140808 FILED AS OF DATE: 20140812 DATE AS OF CHANGE: 20140812 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: NAVIENT CORP CENTRAL INDEX KEY: 0001593538 STANDARD INDUSTRIAL CLASSIFICATION: SECURITY BROKERS, DEALERS & FLOTATION COMPANIES [6211] IRS NUMBER: 464054283 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 300 CONTINENTAL DRIVE CITY: NEWARK STATE: DE ZIP: 19713 BUSINESS PHONE: 302-283-8000 MAIL ADDRESS: STREET 1: 300 CONTINENTAL DRIVE CITY: NEWARK STATE: DE ZIP: 19713 FORMER COMPANY: FORMER CONFORMED NAME: New Corp DATE OF NAME CHANGE: 20131205 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: REMONDI JOHN F CENTRAL INDEX KEY: 0001109264 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-36228 FILM NUMBER: 141034798 MAIL ADDRESS: STREET 1: 300 CONTINENTAL DRIVE CITY: NEWARK STATE: DE ZIP: 19713 4 1 form4.xml PRIMARY DOCUMENT X0306 4 2014-08-08 0001593538 NAVIENT CORP NAVI 0001109264 REMONDI JOHN F 300 CONTINENTAL DRIVE NEWARK DE 19713 1 1 Chief Executive Officer Common Stock 2014-08-08 4 F 0 3248 17.28 D 927925.9865 D As previously reported, in connection with the separation of Navient Corporation ("Navient") from SLM Corporation ("SLM"), Navient established the Navient Corporation 2014 Omnibus Incentive Plan and issued new Navient equity awards on April 30, 2014 to holders of outstanding SLM equity awards in order to maintain the intrinsic value of prior SLM award grants. On April 30, 2014, Mr. Remondi was granted 20,128 restricted stock units ("RSUs") representing the right to receive shares of Navient common stock in the future, which vest in one-third third increments on August 8, 2014, 2015 and 2016. On August 8, 2014, 6,709 shares of such RSUs were settled and an additional 177 shares were issued to Mr. Remondi upon the vesting of the related dividend equivalent rights, of which 3,248 shares were withheld by Navient (as approved by the Navient Compensation and Personnel Committee) to satisfy Mr. Remondi's tax withholding obligations. Dividend equivalent rights issued on RSUs are included in Mr. Remondi's common stock holding balance. /s/ Eric Watson (POA) for John F. Remondi 2014-08-12