SEC Form 4 · accession 0001127602-15-029683
SLM Corp · SLM
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Steven McGarry
Officer — EVP & Chief Financial Officer
Period of report
Oct 26, 2015
Accepted (ET)
Oct 28, 2015 · 4:43 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001032033
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Oct 26, 2015 | P | 7,500 | $7.05 | A | 190,216 | D | |
| Common StockF2 | holding | — | — | — | 2,141 | I | By 401(k) |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1The price reported in Column 4 is a weighted average price. The shares were purchased in multiple transactions at prices ranging from $6.99 to $7.06, inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the SEC staff, upon request, full information regarding the number of shares purchased at each separate price within the range set forth in Footnote (1) to this Form 4.
- F2Between May 1, 2015 and October 26, 2015, Mr. McGarry acquired .351 shares of Company common stock under the Company's 401(k) plan. The information in this report is based on a plan statement dated as of October 27, 2015.