0001127602-18-007371.txt : 20180220 0001127602-18-007371.hdr.sgml : 20180220 20180220193828 ACCESSION NUMBER: 0001127602-18-007371 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20180218 FILED AS OF DATE: 20180220 DATE AS OF CHANGE: 20180220 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: 18626618 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 2018-02-18 0001593538 NAVIENT CORP NAVI 0001109264 REMONDI JOHN F 123 JUSTISON STREET SUITE 300 WILMINGTON DE 19801 1 1 Chief Executive Officer Common Stock 2018-02-18 4 F 0 5992 13.99 D 1881256.819 D Common Stock 2018-02-18 4 F 0 5723 13.99 D 1875533.2888 D Common Stock 250 I As custodian for child As previously reported, on February 18, 2015, the reporting person was granted 37,309 vested restricted stock units ("RSUs") under the Navient Corporation 2014 Omnibus Incentive Plan representing the right to receive shares of Navient Corporation ("Navient") common stock in the future, subject to transfer restrictions which lapse in one-third increments on each of the first, second and third anniversaries of the grant. On February 18, 2018, 11,883 shares of such RSUs were settled and an additional 1,700.4934 shares were issued to the reporting person upon the delivery of the related dividend equivalent rights. In connection with this settlement, 5,992 shares were withheld by Navient, as approved by the Navient Compensation and Personnel Committee (the "Committee"), to satisfy the reporting person's tax withholding obligations. Reflects the disposition of 0.4934 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. As previously reported, on February 18, 2015, the reporting person was granted 32,332 RSUs under the Navient Corporation 2014 Omnibus Incentive Plan representing the right to receive shares of Navient common stock in the future, which vest in one-third increments on each of the first, second and third anniversaries of the grant. On February 18, 2018, 10,777 shares of such RSUs were settled and an additional 1,542.5302 shares were issued to the reporting person upon the vesting of the related dividend equivalent rights. In connection with this settlement, 5,723 shares were withheld by Navient, as approved by the Committee, to satisfy the reporting persons tax withholding obligations. Reflects the disposition of 0.5302 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. /s/ Kurt T. Slawson (POA) for John F. Remondi 2018-02-20