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