SEC Form 4 · accession 0001127602-17-002353
SLM Corp · SLM
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Frank C Puleo
Director
Period of report
Jan 23, 2017
Accepted (ET)
Jan 25, 2017 · 5:32 pm EST
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 | Jan 23, 2017 | M | 13,994 | $5.7343 | A | 81,078 | D | |
| Common StockF2 | Jan 23, 2017 | F | 6,966 | $11.52 | D | 74,112 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Options (Right to Buy)F1 | $5.7343 | Jan 23, 2017 | M | 13,994 | D | May 24, 2012 | Feb 3, 2017 | Common Stock | 13,994 | 0 | D |
Explanation of responses
- F1Stock options exercised by the reporting person in advance of pending expiration of options.
- F2Represents shares withheld by the Company to satisfy the option price upon the exercise of the option.