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