0001127602-18-019996.txt : 20180605
0001127602-18-019996.hdr.sgml : 20180605
20180605160543
ACCESSION NUMBER: 0001127602-18-019996
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20180601
FILED AS OF DATE: 20180605
DATE AS OF CHANGE: 20180605
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: WHORLEY JOHN F JR
CENTRAL INDEX KEY: 0001215156
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-36228
FILM NUMBER: 18881147
MAIL ADDRESS:
STREET 1: C/O SLM CORP
STREET 2: 12061 BLUEMONT WAY
CITY: RESTON
STATE: VA
ZIP: 20190
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: 123 JUSTISON STREET
STREET 2: SUITE 300
CITY: WILMINGTON
STATE: DE
ZIP: 19801
BUSINESS PHONE: 302-283-8000
MAIL ADDRESS:
STREET 1: 123 JUSTISON STREET
STREET 2: SUITE 300
CITY: WILMINGTON
STATE: DE
ZIP: 19801
FORMER COMPANY:
FORMER CONFORMED NAME: New Corp
DATE OF NAME CHANGE: 20131205
4
1
form4.xml
PRIMARY DOCUMENT
X0306
4
2018-06-01
0001593538
NAVIENT CORP
NAVI
0001215156
WHORLEY JOHN F JR
123 JUSTISON STREET
SUITE 300
WILMINGTON
DE
19801
1
EVP & Group President
Common Stock
2018-06-01
4
F
0
2647
14.30
D
303926.7504
D
As previously reported, on June 1, 2015, the reporting person was granted 15,511 restricted stock units (RSUs) under the Navient Corporation 2014 Omnibus Incentive Plan representing the right to receive shares of Navient common stock in the future, which vest in one-third increments on each of the first, second and third anniversaries of the grant. On June 1, 2018, 5,170 shares of such RSUs were settled and an additional 763.9737 shares were issued to the reporting person upon the vesting of the related dividend equivalent rights. In connection with this settlement, 2,647 shares were withheld by Navient (as approved by the Navient Compensation and Personnel Committee) to satisfy the reporting person's tax withholding obligations.
Dividend equivalent rights issued on RSUs and performance stock units are included in the reporting person's common stock holding balance.
Reflects the disposition of 0.9737 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.
/s/ Kurt T. Slawson (POA) for John F. Whorley, Jr.
2018-06-05