0001127602-19-000792.txt : 20190103 0001127602-19-000792.hdr.sgml : 20190103 20190103170005 ACCESSION NUMBER: 0001127602-19-000792 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20181231 FILED AS OF DATE: 20190103 DATE AS OF CHANGE: 20190103 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: REMONDI JOHN F CENTRAL INDEX KEY: 0001109264 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-36228 FILM NUMBER: 19506583 MAIL ADDRESS: STREET 1: 300 CONTINENTAL DRIVE CITY: NEWARK STATE: DE ZIP: 19713 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 2018-12-31 0001593538 NAVIENT CORP NAVI 0001109264 REMONDI JOHN F 123 S. JUSTISON STREET SUITE 300 WILMINGTON DE 19801 1 1 Chief Executive Officer Common Stock 2018-12-31 4 F 0 2605 8.81 D 1817280.5862 D Common Stock 2019-01-03 4 M 0 1000000 6.523 A 2817280.5862 D Common Stock 2019-01-03 4 F 0 828578 9.20 D 1988702.5862 D Common Stock 250 I As custodian for child Stock Option (Right to Buy) 6.523 2019-01-03 4 M 0 1000000 0 D 2014-04-30 2019-01-08 Common Stock 1000000 0 D Represents shares withheld to satisfy the reporting person's various tax withholding requirements. Dividend equivalent rights (36,745.6938 units) issued on restricted stock units and performance stock units ("PSUs") are included in the reporting person's common stock holding balance. As previously reported on the Company's 2018 Proxy Statement on Form DEF 14A, the reporting person's common stock balance reflects the forfeiture of 92,393.3964 PSUs from the reporting person's beneficial ownership because the Company failed to meet the threshold performance level established for the PSUs granted for the 2015 - 2017 performance period. These transactions reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan entered into by the reporting person and represent exercises of stock options set to expire on January 8, 2019. Includes shares withheld for the payment of (i) the option exercise price and (ii) the payment of various tax withholding obligations. /s/ Kurt T. Slawson (POA) for John F. Remondi 2019-01-03