0001437749-20-004950.txt : 20200312 0001437749-20-004950.hdr.sgml : 20200312 20200312162821 ACCESSION NUMBER: 0001437749-20-004950 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20200310 FILED AS OF DATE: 20200312 DATE AS OF CHANGE: 20200312 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Munn William J CENTRAL INDEX KEY: 0001294176 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-31924 FILM NUMBER: 20709171 BUSINESS ADDRESS: BUSINESS PHONE: 303-696-5405 MAIL ADDRESS: STREET 1: 3015 SOUTH PARKER ROAD, SUITE 400 STREET 2: NELNET LEGAL DEPARTMENT 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 FORM 4 X0306 4 2020-03-10 0001258602 NELNET INC NNI 0001294176 Munn William J 3015 SOUTH PARKER ROAD SUITE 400 AURORA CO 80014 1 Secy/Chief Legal Off/Gen Coun Class A Common Stock 2020-03-10 4 F 0 158 50.33 D 26187 D Class A Common Stock 2020-03-10 4 F 0 121 50.33 D 26066 D Class A Common Stock 2020-03-10 4 F 0 125 50.33 D 25941 D Class A Common Stock 2020-03-10 4 F 0 107 50.33 D 25834 D Class A Common Stock 2020-03-10 4 F 0 108 50.33 D 25726 D Class A Common Stock 2020-03-10 4 A 0 2395 0 A 28121 D Class A Common Stock 2020-03-10 4 A 0 1653 0 A 29774 D Class A Common Stock 2020-03-10 4 F 0 486 52.20 D 29288 D These shares were tax-withheld by the issuer to satisfy the reporting person's tax obligation resulting from the vesting of a previously reported grant of shares pursuant to Rule 16b-3(d). Per share value assigned by the issuer to the tax withholding shares under the tax withholding arrangement, and based on the market closing price of the shares on March 10, 2020. Includes 500 shares held jointly with spouse. These shares were issued to the reporting person pursuant to the issuer's Restricted Stock Plan. The shares vest equally over a five-year period, with one-fifth of the amount vesting annually on March 10 of each year. These shares were issued to the reporting person pursuant to the issuer's Restricted Stock Plan, as the annual personal performance-based incentive bonus compensation for 2019 paid in stock, which the reporting person became entitled to receive on March 10, 2020. These shares were tax-withheld by the issuer to satisfy the reporting person's tax obligation resulting from the March 10, 2020 award by the issuer of 1,653 shares of bonus compensation stock. Per share value assigned by the issuer to the tax withholding shares under the tax withholding arrangement, and based on the average market closing price of the shares for February 28, 2020 through March 5, 2020. /s/ Audra Hoffschneider, Attorney-in-Fact for William J. Munn 2020-03-12