Form Type: 4

SEC EDGAR Link
Accession Number:0001437749-20-013648
Date:2020-06-19
Issuer: NELNET INC (NNI)
Original Submission Date:

Reporting Person:

ABEL JAMES P
121 SOUTH 13TH STREET
SUITE 100 LINCOLN, NE 68508

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
CLASS A COMMON STOCK 2020-06-19 0 $0.00 10,225 direct
CLASS A COMMON STOCK 2020-06-19 0 $0.00 500 indirect
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 0.0 2020-06-19 deemed execution date A 2,978 (a) class a common stock 2,978 $0.00 60,262 direct
Footnotes
IDfootnote
f1 1-for-1.
f2 the shares of phantom stock were granted pursuant to the issuer's directors stock compensation plan. they will become payable in shares of class a common stock at the time of termination of the reporting person's service as a member of the issuer's board of directors. the shares will be payable in a lump sum at the time of termination of the reporting person's service as a member of the issuer's board, or in up to five annual installments, commencing at the time of termination of the reporting person's service on the issuer's board, as elected by the reporting person.
f3 includes a total of 805 shares acquired since june 25, 2019 pursuant to the dividend reinvestment feature of the issuer's directors stock compensation plan.
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