NAVIENT CORP — Director's Dealing 2021

Jan 15, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: NAVIENT CORP (NAVI)
CIK: 0001593538
Period of Report: 2021-01-14

Reporting Person: KANE JOHN M (EVP & Group President)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2021-01-14	Common Stock	M	100000	$9.18	Acquired	575985.2806	Direct
2021-01-14	Common Stock	F	84763	$11.94	Disposed	491222.2806	Direct
2021-01-14	Common Stock	M	13333	$9.3774	Acquired	504444.2806	Direct
2021-01-14	Common Stock	F	11555	$11.94	Disposed	493000.2806	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2021-01-14	Stock Option (Right to Buy)	$9.18	M	100000	Disposed	2021-02-03	Common Stock (100000)	Direct
2021-01-14	Stock Option (Right to Buy)	$9.3771	M	13333	Disposed	2021-01-27	Common Stock (13333)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	5731.8621	Indirect

Footnotes

F1: Dividend equivalent rights (17,902.1988 units) issued on restricted stock units and performance stock units ("PSUs") are included in the reporting person's common stock holding balance.

F2: Between March 2, 2020, and January 14, 2021, the reporting person acquired 542.5504 share equivalents of Navient common stock under the Navient 401(k) Savings Plan. The information in this report is based on the reporting person's actual account balance as of January 14, 2021.