SEC Form 4 · accession 0001127602-17-023544
SLM Corp · SLM
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Jeffrey Dale
Officer — SVP & Chief Risk Officer
Period of report
Jul 10, 2017
Accepted (ET)
Jul 12, 2017 · 11:33 am 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 | Jul 10, 2017 | F | 2,695 | $11.27 | D | 168,298 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1On July 10, 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 July 10, 2015, 2016 and 2017. On July 10, 2017, 7,936 shares vested in connection with these RSUs, of which 2,695 shares were withheld by the Company to satisfy the reporting person's tax withholding obligations.