Form Type: 4

SEC EDGAR Link
Acccession Number:0001127602-20-004336
Date:2020-02-06
Issuer: NAVIENT CORP (NAVI)
Original Submission Date:

Reporting Person:

BOWEN MARJORIE L.
123 JUSTISON STREET
SUITE 300 WILMINGTON, DE 19801

Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
Title of SecurityTransaction Date2a. Deemed Execution Date Transaction CodeSharesAcquired or DisposedPrice per share 5. Amount of Securities Beneficially Owned Following Reported Transaction 6. Ownership Form Direct or IndirectNature of Indirect Ownership
Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, convertible securities
Title of Derivative Security Conversion or Exercise Price of Derivative Security Transaction Date Deemed Execution Date Transaction Code Number of Derivative Securities Acquired (A) or Disposed of (D) Date ExercisableExpiration Date Title and Amount of Securities Underlying Derivative Security Price of Derivative Security Number of derivative Securities Beneficially Owned Following Reported Transaction(s) Ownership Form: Direct (D) or Indirect (I) Nature of Indirect Beneficial Ownership
PHANTOM STOCK UNITS 0.0 2020-02-06 deemed execution date A 9,220 (a) common stock 9,220 $0.00 16,828 direct
Footnotes
IDfootnote
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 with continued active service on the navient board of directors as follows: 25% will vest on the grant date (feb 6, 2020); 25% will vest on may 1, 2020; 25% will vest on august 1, 2020; and 25% will vest on november 1, 2020.
f2 dividends accrued on phantom stock units pursuant to the terms of the navient corporation deferred compensation plan for directors are included in the reporting person's holding balance.

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