0001127602-21-004426.txt : 20210208
0001127602-21-004426.hdr.sgml : 20210208
20210208171739
ACCESSION NUMBER: 0001127602-21-004426
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20210204
FILED AS OF DATE: 20210208
DATE AS OF CHANGE: 20210208
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: MILLS LINDA A
CENTRAL INDEX KEY: 0001425725
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-36228
FILM NUMBER: 21602494
MAIL ADDRESS:
STREET 1: C/O NORTHROP GRUMMAN CORPORATION
STREET 2: 1840 CENTURY PARK EAST
CITY: LOS ANGELES
STATE: CA
ZIP: 90067
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
2021-02-04
0001593538
NAVIENT CORP
NAVI
0001425725
MILLS LINDA A
123 S. JUSTISON STREET
SUITE 300
WILMINGTON
DE
19801
1
Common Stock
2021-02-04
4
A
0
15853
0
A
98568.3948
D
Represents a grant of restricted stock to a non-employee director under the Navient Corporation 2014 Omnibus Incentive Plan. The restrictions lift on a quarterly basis subject to continued active service on the Navient Board of Directors as follows: 25% on the grant date (Feb 4, 2021); 25% on May 1, 2021; 25% on August 1, 2021; and 25% on November 1, 2021.
Dividend equivalent rights (492.7843 units) issued on previously unvested restricted are included in the reporting person's common stock holding balance. Each dividend equivalent right is the economic equivalent of one share of Navient Corporation common stock.
Reflects the disposition of 0.7843 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.
Includes 6,220.9054 shares acquired pursuant to a dividend reinvestment plan exempt from reporting pursuant to Rule 16a-11.
/s/ Kurt T. Slawson (POA) for Linda A. Mills
2021-02-08