Form 4 for SLM SLM Corp

Accepted 2022-02-01 00:00:00 ET · period of report 2022-01-28 · accession 0001628280-22-001554 · SEC index · Original document

Summary rows

Aggregated the way they appear in lists: one row per insider, transaction code and security table.

X	Filed	Traded	Ticker	Insider	Title	Type	Price	Qty	Owned	ΔOwn	Value
M	2022-02-01	2022-01-28+	SLM	Kennedy Daniel P	EVP, Chief Operational Off	F - Tax	$18.00	-8,289	210.1K	-4%	-$149.2K

Purchase Sale Sale after option exercise All abbreviations

#	Table	Security	Date	Code	A/D	Shares	Price	Owned after	Own	Exercise / expiry	Underlying	Footnotes
1	Common	Common Stock	2022-01-28	F	D	4,444	$18.00	213,938.91	D	—	—	(F1) On January 28, 2019, 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 January 28, 2020, 2021, and 2022. On January 28, 2022, 13,547 shares vested in connection with these RSUs, of which 4,444 shares were withheld by the Company to satisfy the reporting person's tax withholding obligations. (F2) Includes Dividend Equivalent Units issued in connection with RSUs held by the Reporting Person.
2	Common	Common Stock	2022-01-30	F	D	3,845	$18.00	210,093.91	D	—	—	(F3) On January 30, 2020, the reporting person was granted RSUs representing rights to receive shares of Common Stock of the Company, subject to vesting conditions, to vest in one-third increments on January 30, 2021, 2022, and 2023. On January 30, 2022, 12,419 shares vested in connection with these RSUs, of which 3,845 shares were withheld by the Company to satisfy the reporting person's tax withholding obligations. (F2) Includes Dividend Equivalent Units issued in connection with RSUs held by the Reporting Person.