Home/Filings/4/0001127602-20-004341
4//SEC Filing

KLANE LARRY A 4

Accession 0001127602-20-004341

CIK 0001593538other

Filed

Feb 6, 7:00 PM ET

Accepted

Feb 7, 4:21 PM ET

Size

5.4 KB

Accession

0001127602-20-004341

Insider Transaction Report

Form 4
Period: 2020-02-06
Transactions
  • Award

    Phantom Stock Units

    2020-02-06+9,219.8589,219.858 total
    Common Stock (9,219.858 underlying)
Footnotes (1)
  • [F1]Phantom stock units acquired pursuant to the terms of the Navient Corporation Deferred Compensation Plan for Directors. Phantom stock units are settled in shares of Navient Corporation common stock, on a one-to-one basis, upon the reporting person's separation from service. The phantom stock units will vest with continued active service on the Navient Board of Directors as follows: 25% will vest on the grant date (Feb 6, 2020); 25% will vest on May 1, 2020; 25% will vest on August 1, 2020; and 25% will vest on November 1, 2020.

Issuer

NAVIENT CORP

CIK 0001593538

Entity typeother

Related Parties

1
  • filerCIK 0001238036

Filing Metadata

Form type
4
Filed
Feb 6, 7:00 PM ET
Accepted
Feb 7, 4:21 PM ET
Size
5.4 KB