SEC Form 4 · accession 0001127602-18-015940
SLM Corp · SLM
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Frank C Puleo
Director
Period of report
Apr 30, 2018
Accepted (ET)
May 2, 2018 · 3:38 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 | Apr 30, 2018 | M | 6,600 | $7.99 | A | 96,949 | D | |
| Common StockF2 | Apr 30, 2018 | S | 4,585 | $11.681 | D | 92,364 | 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 | $7.99 | Apr 30, 2018 | M | 6,600 | D | May 8, 2013 | May 8, 2018 | Common Stock | 6,600 | 0 | D |
Explanation of responses
- F1Stock options exercised by the reporting person in advance of pending expiration of options.
- F2The price in Column 4 is a weighted average price. The prices actually received ranged from $11.68 to $11.685. For all transactions reported in this Form 4 utilizing a weighted average price, the reporting person will provide to the issuer, any security holder of the issuer, or the SEC staff, upon request, information regarding the number of units sold at each price within the range.