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NAVIENT CORP — Director's Dealing 2018
Feb 6, 2018
32029_dirs_2018-02-06_1e613840-c48a-4041-a775-8026d75c54a2.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: 2018-02-05
Reporting Person: YOWAN DAVID L. (Director)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2018-02-05 | Phantom Stock Units | $ | A | 9537.7843 | Acquired | Common Stock (9537.7843) | Direct |
Footnotes
F1: Phantom stock units acquired pursuant to the terms of the Navient Corporation Deferred Compensation Plan for Directors. Phantom stock units are settled in shares of Navient Corporation common stock, on a one-to-one basis, upon the reporting person's separation from service. The phantom stock units will vest if the reporting person is re-elected as a director at the Company's 2018 annual meeting of shareholders, which meeting is currently scheduled for May 24, 2018.
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