NELNET INC — Director's Dealing 2019

Mar 19, 2019

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: NELNET INC (NNI)
CIK: 0001258602
Period of Report: 2019-03-15

Reporting Person: HEIMES TERRY J (Chief Operating Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2019-03-15	Class A Common Stock	A	9441	—	Acquired	163043	Direct
2019-03-15	Class A Common Stock	F	4606	$54.52	Disposed	158437	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Class A Common Stock	50087	Indirect

Footnotes

F1: Issued pursuant to the issuer's Restricted Stock Plan, as the annual personal performance-based incentive bonus compensation for 2018 paid in stock, which the reporting person became entitled to receive on March 15, 2019.

F2: Shares that were tax-withheld by the issuer to satisfy the reporting person's tax obligation resulting from the March 15, 2019 award by the issuer of 9,441 shares of bonus compensation stock.

F3: 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 February 28, 2019 through March 6, 2019.