-----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, Kqr9aKj0Pfwej1i7pAr8LjuwLrtiYJ4hr8+Snn76hdJ3FkqtWi8fDdFi5TWEzMvq SvTATKmLWyTFlraA2MEg5Q== 0001437749-10-002834.txt : 20100827 0001437749-10-002834.hdr.sgml : 20100827 20100827173015 ACCESSION NUMBER: 0001437749-10-002834 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20100827 FILED AS OF DATE: 20100827 DATE AS OF CHANGE: 20100827 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: NOORDHOEK JEFFREY R CENTRAL INDEX KEY: 0001269813 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-31924 FILM NUMBER: 101044961 MAIL ADDRESS: STREET 1: 3015 SOUTH PARKER ROAD STE. 400 CITY: AURORA STATE: CO ZIP: 80014 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: NELNET INC CENTRAL INDEX KEY: 0001258602 STANDARD INDUSTRIAL CLASSIFICATION: PERSONAL CREDIT INSTITUTIONS [6141] IRS NUMBER: 840748903 STATE OF INCORPORATION: NE FISCAL YEAR END: 1231 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 4 1 rdgdoc.xml PRIMARY DOCUMENT X0303 4 2010-08-27 0001258602 NELNET INC NNI 0001269813 NOORDHOEK JEFFREY R 121 SOUTH 13TH STREET SUITE 201 LINCOLN NE 68508 1 President/Executive Director Class A Common Stock 2010-08-27 4 S 0 100000.0000 22.1000 D 242730.0000 I By trust Class A Common Stock 24291.0000 I By trust Class A Common Stock 56112.0000 D Class A Common Stock 195187.0000 I By GRAT These shares were sold by the Jeffrey R. Noordhoek Living Trust pursuant to a Rule 10b5-1 Sales Plan (the "Plan") entered into on November 13, 2009. The Plan provides for the sale of up to a maximum of 400,000 shares of the issuer's Class A Common Stock, subject to limit price provisions and an expiration date of February 11, 2012. To the extent any future sales occur pursuant to the Plan, such sales will be publicly disclosed in Form 4 filings with the Securities and Exchange Commission. The Jeffrey R. Noordhoek Living Trust is selling the shares for diversification and estate planning purposes. Rule 10b5-1, promulgated under the Securities Exchange Act of 1934, allows executives of a company who are not in possession of material non-public information to establish pre-arranged plans to buy or sell a specified number of shares of such company's stock. Once a plan is established, the executive does not retain or exercise any discretion over sales of stock under the plan and the pre-planned trades may be executed at later dates as set forth in the plan, without regard to any subsequent material non-public information related to the company that the executive may receive. Shares held by the Jeffrey R. Noordhoek Living Trust, which is a revocable trust for the benefit of the reporting person and his spouse and dependents. Shares held by The Noordhoek Charitable Remainder Unitrust I (of which the reporting person is the sole nonchartiable beneficiary). The reporting person continues to report beneficial ownership of all the shares held by the trust, but disclaims beneficial ownership of the shares held by the trust except to the extent of his pecuniary interests therein. Includes 4,610 shares issued pursuant to the issuer's Employee Share Purchase Plan. The number of shares held by the reporting person reflects the distribution to the reporting person of 21,100 shares from a grantor retained annuity trust as discussed in Note (6) below. Shares held by the Jeffrey Noordhoek 2003 Grantor Retained Annuity Trust. The number of shares held by the trust reflects the distribution by the trust of 21,100 shares to the reporting person effective August 27, 2010. The reporting person continues to report beneficial ownership of all the shares held by the trust, but disclaims beneficial ownership of the shares held by the trust except to the extent of his pecuniary interests therein. /s/ Angie R. Miller, Attorney-in-Fact for Jeffrey R. Noordhoek 2010-08-27 -----END PRIVACY-ENHANCED MESSAGE-----