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NAVIENT CORP Director's Dealing 2018

Feb 7, 2018

32029_dirs_2018-02-07_f2aeae3c-3673-448c-83e1-2af67c541fbf.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: NAVIENT CORP (NAVI)
CIK: 0001593538
Period of Report: 2018-02-06

Reporting Person: REMONDI JOHN F (Director, Chief Executive Officer)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2018-02-06 Common Stock F 11412 $13.76 Disposed 1887249.3124 Direct

Holdings (Non-Derivative)

Security Shares Ownership
Common Stock 250 Indirect

Footnotes

F1: As previously reported, on February 6, 2017, the reporting person was granted 77,519 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, which vest in one-third increments on each of the first, second and third anniversaries of the grant. On February 6, 2018, 24,753 shares of such RSUs were settled and an additional 1,122 shares were issued to the reporting person upon the vesting of the related dividend equivalent rights. In connection with this settlement, 11,412 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.