SEC Form 4 · accession 0001127602-16-056343
SLM Corp · SLM
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Paul G Child
Director
Period of report
Jun 23, 2016
Accepted (ET)
Jun 27, 2016 · 4:01 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 | Jun 23, 2016 | A | 10,989 | $0.00 | A | 26,529 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1The reporting person received shares of restricted common stock, issued pursuant to the terms of the SLM Corporation 2012 Omnibus Incentive Plan - 2016 Independent Director Restricted Stock Agreement (the "2016 Agreement") in partial payment of the annual retainer to independent directors. The restricted common stock award is subject to vesting upon the terms set forth in the 2016 Agreement.