SEC Form 4 · accession 0001127602-17-016629
SLM Corp · SLM
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Paul F Thome
Officer — EVP & Chief Admin Officer
Period of report
May 1, 2017
Accepted (ET)
May 3, 2017 · 4:34 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 | May 1, 2017 | F | 1,880 | $12.75 | D | 182,034 | D | |
| Common StockF2 | holding | — | — | — | 40,847 | I | 401(k) Savings Plan | |
| Common StockF2 | holding | — | — | — | 23,847 | I | Supplemental 401(k) Savings Plan |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1On May 1, 2014, the reporting person was granted restricted stock units ("RSUs") representing rights to receive shares of common stock of SLM Corporation (the "Company"), subject to vesting conditions, to vest in one-third increments on May 1, 2015, 2016 and 2017. On May 1, 2017, 4,003 shares vested in connection with these RSUs, of which 1,880 shares were withheld by the Company to satisfy the reporting person's tax withholding obligations.
- F2Represents the number of units held in a unitized stock fund in the Sallie Mae 401(k) Savings Plan and the Sallie Mae Supplemental 401(k) Savings Plan as of May 1, 2017.