NAVIENT CORP — Director's Dealing 2021

Jan 9, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

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

Reporting Person: CABRAL ANNA ESCOBEDO (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2021-01-01	Common Stock	M	14366.808	—	Acquired	38592	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2021-01-01	Phantom Stock Units	$	M	14366.808	Disposed		Common Stock (14366.808)	Direct

Footnotes

F1: On January 1, 2021, the reporting person received a distribution of 14,366 shares of Navient common stock from the Navient Corporation Deferred Compensation Plan for Directors (the "Plan") in settlement of an equal number of phantom stock units held pursuant to the Plan. A fractional share of the reporting person's phantom stock units (0.808) were settled in cash.

F2: Dividends accrued on phantom stock units pursuant to the terms of the Plan are included in the reporting person's holding balance.