-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, T9wQ0nRzMHcE5N/2ESdbnjRDgWlfq7ygXaRSfAOS9Ei3161UHiAVqT6EptdDt1/R MTLZ7fq2ljWmR49UAc3v6w== 0000870156-08-000029.txt : 20080214 0000870156-08-000029.hdr.sgml : 20080214 20080214162857 ACCESSION NUMBER: 0000870156-08-000029 CONFORMED SUBMISSION TYPE: SC 13G/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20080214 DATE AS OF CHANGE: 20080214 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: PACKERS SERVICE GROUP INC CENTRAL INDEX KEY: 0001269788 IRS NUMBER: 470321480 FILING VALUES: FORM TYPE: SC 13G/A MAIL ADDRESS: STREET 1: 3643 SOUTH 48TH STREET 2: P O BOX 82535 CITY: LINCOLN STATE: NE ZIP: 68501 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: NELNET INC CENTRAL INDEX KEY: 0001258602 STANDARD INDUSTRIAL CLASSIFICATION: SHORT-TERM BUSINESS CREDIT INSTITUTIONS [6153] IRS NUMBER: 840748903 STATE OF INCORPORATION: NE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-79624 FILM NUMBER: 08616907 BUSINESS ADDRESS: STREET 1: 121 SOUTH 13TH ST STREET 2: STE 201 CITY: LINCOLN STATE: NE ZIP: 68508 BUSINESS PHONE: 402-458-2370 MAIL ADDRESS: STREET 1: 121 SOUTH 13TH ST STREET 2: STE 201 CITY: LINCOLN STATE: NE ZIP: 68508 SC 13G/A 1 packers.txt AMENDMENT NO, 1 UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 SCHEDULE 13G UNDER THE SECURITIES EXCHANGE ACT OF 1934 (AMENDMENT NO. 1)* NELNET, INC. (Name of Issuer) CLASS A COMMON STOCK (Title of Class of Securities) 64031N 10 8 (CUSIP Number) 12/31/2007 (Date of Event which Requires Filing of this Statement) Check the appropriate box to designate the rule pursuant to which this Schedule is filed: [ ] Rule 13d-1(b) [ ] Rule 13d-1(c) [X] Rule 13d-1(d) * The remainder of this cover page shall be filled out for a reporting person's initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page. The information required on the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes). CUSIP No. 64031N 10 8 1) Names of Reporting Persons. I.R.S. Identification Nos. of above persons (entities only). Packers Service Group, Inc. 47-0534057 2) Check the Appropriate Box if a Member of a Group (See Instructions) (a) [ ] (b) [ ] 3) SEC Use Only 4) Citizenship or Place of Organization Nebraska Number of 5) Sole Voting Power 0 (1) Shares Beneficially ---------------------------------------------------------- Owned by Each 6) Shared Voting Power 0 Reporting Person ---------------------------------------------------------- With: 7) Sole Dispositive Power 0 (1) ---------------------------------------------------------- 8) Shared Dispositive Power 0 9) Aggregate Amount Beneficially Owned by Each Reporting Person 0 (1) 10) Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) [ ] 11) Percent of Class Represented by Amount in Row (9) 0% (1) 12) Type of Reporting Person (See Instructions) CO (1) Pursuant to an Agreement and Plan of Merger dated as of May 31, 2007, Packers Service Group, Inc. ("Packers") was merged with and into Nelnet Academic Services, LLC, a Nebraska limited liability company and a wholly-owned subsidiary of the issuer ("NAS"), in exchange for the issuance to the shareholders of Packers of a total of 10,594,181 shares of Class A common stock of the issuer. NAS was the surviving entity in the merger and thus the 11,068,604 shares of Class A common stock previously reported as held by the reporting person are now held by a subsidiary of the issuer and disregarded for purposes of this Schedule pursuant to Section 13(d)(4) of the Act. 2 ITEM 1. (a) Name of Issuer: Nelnet, Inc. (b) Address of Issuer's Principal Executive Offices: 121 South 13th Street Suite 201 Lincoln, Nebraska 68508 ITEM 2. (a) Name of Person Filing: Packers Service Group, Inc. (b) Address of Principal Business Office or, if none, Residence: c/o Farmers & Merchants Investment, Inc. 6801 South 27th Street Lincoln, Nebraska 68512 (c) Citizenship: Nebraska (d) Title of Class of Securities: Class A Common Stock (e) CUSIP Number: 64031N 10 8 ITEM 3. IF THIS STATEMENT IS FILED PURSUANT TO SS.SS. 240.13D-1(B) OR 240.13D-2(B) OR (C), CHECK WHETHER THE PERSON FILING IS A: (a) [ ] Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o). (b) [ ] Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c). (c) [ ] Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c). (d) [ ] Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8). (e) [ ] An investment adviser in accordance with ss.240.13d-1(b)(1)(ii)(E); (f) [ ] An employee benefit plan or endowment fund in accordance with ss. 240.13d-1(b)(1)(ii)(F); (g) [ ] A parent holding company or control person in accordance with ss. 240.13d-1(b)(1)(ii)(G); (h) [ ] A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813); (i) [ ] A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3); (j) [ ] Group, in accordance with ss.240.13d-1(b)(1)(ii)(J). 3 ITEM 4. OWNERSHIP. (a) Amount beneficially owned: 0 (1) (b) Percent of class: 0% (1) (c) Number of shares as to which such person has: (i) Sole power to vote or to direct the vote: 0 (1) (ii) Shared power to vote or to direct the vote: 0 (iii) Sole power to dispose or to direct the disposition of: 0 (1) (iv) Shared power to dispose or to direct the disposition of: 0 ITEM 5. OWNERSHIP OF FIVE PERCENT OR LESS OF A CLASS If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than five percent of the class of securities, check the following [ X ]. ITEM 6. OWNERSHIP OF MORE THAN FIVE PERCENT ON BEHALF OF ANOTHER PERSON Not applicable. ITEM 7. IDENTIFICATION AND CLASSIFICATION OF THE SUBSIDIARY WHICH ACQUIRED THE SECURITY BEING REPORTED ON BY THE PARENT HOLDING COMPANY Not applicable. ITEM 8. IDENTIFICATION AND CLASSIFICATION OF MEMBERS OF THE GROUP Not applicable. 4 ITEM 9. NOTICE OF DISSOLUTION OF GROUP Not applicable. ITEM 10. CERTIFICATIONS Not applicable. (1) Pursuant to an Agreement and Plan of Merger dated as of May 31, 2007, Packers Service Group, Inc. ("Packers") was merged with and into Nelnet Academic Services, LLC, a Nebraska limited liability company and a wholly-owned subsidiary of the issuer ("NAS"), in exchange for the issuance to the shareholders of Packers of a total of 10,594,181 shares of Class A common stock of the issuer. NAS was the surviving entity in the merger and thus the 11,068,604 shares of Class A common stock previously reported as held by the reporting person are now held by a subsidiary of the issuer and disregarded for purposes of this Schedule pursuant to Section 13(d)(4) of the Act. 5 SIGNATURE After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct. Dated: 2/14/2008 NELNET ACADEMIC SERVICES, LLC* By: /s/ JAMES D. KRUGER ------------------------------------ Name: James D. Kruger Title: Manager *The surviving entity of a merger of the reporting person as discussed herein. 6 -----END PRIVACY-ENHANCED MESSAGE-----