SEC Form 4 · accession 0001127602-17-033851
SLM Corp · SLM
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Laurent Charles Lutz
Officer — EVP, GC and Secretary
Period of report
Nov 30, 2017
Accepted (ET)
Dec 4, 2017 · 5:47 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 | Nov 30, 2017 | F | 308,537 | $11.57 | D | 422,698 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1On May 21, 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 on November 30, 2017. On November 30, 2017, 619,551 shares vested in connection with these RSUs, of which 308,537 shares were withheld by the Company to satisfy the reporting person's tax withholding obligations.