Form Type: 4

SEC EDGAR Link
Acccession Number:0001127602-20-004333
Date:2020-02-06
Issuer: NAVIENT CORP (NAVI)
Original Submission Date:

Reporting Person:

ARNOLD FREDERICK
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
COMMON STOCK 2020-02-06 A 9,219 a $0.00 28,551 direct
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
Footnotes
IDfootnote
f1 grant of restricted stock to a non-employee director under the navient corporation 2014 omnibus incentive plan. the restrictions lift on a quarterly basis subject to continued active service on the navient board of directors as follows: 25% on the grant date (feb 6, 2020); 25% on may 1, 2020; 25% on august 1, 2020; and 25% on november 1, 2020.
f2 dividend equivalent rights accrued on previously unvested restricted stock awards are included in the reporting person's beneficial ownership balance. each dividend equivalent right is the economic equivalent of one share of navient corporation common stock.

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