0001437749-22-006132.txt : 20220314
0001437749-22-006132.hdr.sgml : 20220314
20220314161735
ACCESSION NUMBER: 0001437749-22-006132
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20220310
FILED AS OF DATE: 20220314
DATE AS OF CHANGE: 20220314
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Kruger James D
CENTRAL INDEX KEY: 0001593432
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-31924
FILM NUMBER: 22736793
MAIL ADDRESS:
STREET 1: 121 SOUTH 13TH STREET
STREET 2: SUITE 100
CITY: LINCOLN
STATE: NE
ZIP: 68508
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: NELNET INC
CENTRAL INDEX KEY: 0001258602
STANDARD INDUSTRIAL CLASSIFICATION: PERSONAL CREDIT INSTITUTIONS [6141]
IRS NUMBER: 840748903
STATE OF INCORPORATION: NE
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 121 SOUTH 13TH ST
STREET 2: STE 201
CITY: LINCOLN
STATE: NE
ZIP: 68508
BUSINESS PHONE: 402-458-2370
MAIL ADDRESS:
STREET 1: 121 SOUTH 13TH ST
STREET 2: STE 201
CITY: LINCOLN
STATE: NE
ZIP: 68508
4
1
rdgdoc.xml
FORM 4
X0306
4
2022-03-10
0001258602
NELNET INC
NNI
0001593432
Kruger James D
121 SOUTH 13TH STREET
SUITE 100
LINCOLN
NE
68508
1
Chief Financial Officer
Class A Common Stock
2022-03-10
4
F
0
786
83.64
D
116887
D
Class A Common Stock
2022-03-10
4
A
0
6052
0
A
122939
D
Class A Common Stock
2022-03-10
4
A
0
10892
0
A
133831
D
Class A Common Stock
2022-03-10
4
F
0
3197
82.62
D
130634
D
Class A Common Stock
15000
I
By GRAT
Class A Common Stock
15000
I
By GRAT
Class A Common Stock
10000
I
By trust
Class A Common Stock
10000
I
By trust
Class A Common Stock
10000
I
By trust
These shares were tax-withheld by the issuer to satisfy the reporting person's tax obligation resulting from the vesting of a previously reported grant of shares pursuant to Rule 16b-3(d).
Per share value assigned by the issuer to the tax withholding shares under the tax withholding arrangement, and based on the market closing price of the shares on March 10, 2022.
Includes 3,488 shares issued pursuant to the issuer's Employee Share Purchase Plan. Also includes 93,100 shares held jointly with spouse, which number of jointly held shares reflects the vesting of 2,694 shares from a previously reported grant of shares to the reporting person pursuant to Rule 16b-3(d) and a transfer of such shares to a joint ownership account on March 10, 2022.
These restricted shares were awarded to the reporting person pursuant to the issuer's Restricted Stock Plan. The shares vest equally over a five-year period, with one-fifth of the amount vesting annually on March 10 of each year.
These shares were issued to the reporting person pursuant to the issuer's Restricted Stock Plan, as the annual personal performance-based incentive bonus compensation for 2021 paid in stock, which the reporting person became entitled to receive on March 10, 2022.
Shares that were tax-withheld by the issuer to satisfy the reporting person's tax obligation resulting from the March 10, 2022 award by the issuer of 10,892 shares of bonus compensation stock.
Per share value assigned by the issuer to the tax withholding shares under the tax withholding arrangement, and based on the average market closing price of the shares for March 1, 2022 through March 7, 2022.
Shares held by a grantor retained annuity trust ("GRAT) established by the reporting person on September 1, 2021. The reporting person continues to report beneficial ownership of all the shares held by the trust, but disclaims beneficial ownership of the shares held by the trust except to the extent of his pecuniary interest therein.
Shares held by a GRAT established by the reporting person's spouse on September 1, 2021. The reporting person continues to report beneficial ownership of all the shares held by the trust, but disclaims beneficial ownership of the shares held by the trust except to the extent of his pecuniary interest therein.
Shares held by a trust for the benefit of an adult son of the reporting person. The reporting person continues to report beneficial ownership of all the shares held by the trust, but disclaims beneficial ownership of the shares held by the trust except to the extent of his pecuniary interest therein.
Shares held by a trust for the benefit of another adult son of the reporting person. The reporting person continues to report beneficial ownership of all the shares held by the trust, but disclaims beneficial ownership of the shares held by the trust except to the extent of his pecuniary interest therein.
Shares held by a trust for the benefit of an adult daughter of the reporting person. The reporting person continues to report beneficial ownership of all the shares held by the trust, but disclaims beneficial ownership of the shares held by the trust except to the extent of his pecuniary interest therein.
/s/ Audra Hoffschneider, Attorney-in-Fact for James D. Kruger
2022-03-14