SEC Form 4 · accession 0001127602-18-005538

SLM Corp · SLM

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

Reporting owner

Officer — EVP & Chief Admin Officer

Period of report

Feb 10, 2018

Accepted (ET)

Feb 13, 2018 · 4:51 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 Stock^F1	Feb 10, 2018	F	3,727	$10.67	D	219,428	D
Common Stock^F2	Feb 10, 2018	F	1,326	$10.67	D	218,102	D
Common Stock^F3	holding	—	—		—	40,847	I	401(k) Savings Plan
Common Stock^F3	holding	—	—		—	23,847	I	Supplemental 401(k) Savings Plan

No Table II lines on this filing.

F1On February 10, 2015, 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 February 10, 2016, 2017 and 2018. On February 10, 2018, 12,698 shares vested in connection with these RSUs, of which 3,727 shares were withheld by the Company to satisfy the reporting person's tax withholding obligations.
F2On February 10, 2015, the reporting person was granted restricted stock units ("RSUs") representing rights to receive shares of common stock of SLM Corporation (the "Company"), subject to transfer restrictions that lapse in one-third increments on February 10, 2016, 2017 and 2018. On February 10, 2018, the transfer restrictions lapsed in connection with 4,909 of these RSUs, of which 1,326 shares were withheld by the Company to satisfy the reporting person's tax withholding obligations.
F3Represents 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 January 23, 2018.