Form 4 for SLM SLM Corp
Accepted 2022-02-01 00:00:00 ET · period of report 2022-01-28 · accession 0001628280-22-001558 · 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 | McGarry Steven | EVP, CFO | F - Tax | $18.00 | -7,517 | 320.4K | -2% | -$135.3K |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock | 2022-01-30 | F | D | 2,703 | $18.00 | 315,591.48 | D | — | — | (F4) 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, 9,671 shares vested in connection with these RSUs, of which 2,703 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 | 2022-01-28 | F | D | 2,058 | $18.00 | 318,294.48 | D | — | — | (F3) On January 28, 2019, the reporting person was granted RSUs representing rights to receive shares of Common Stock of the Company, subject to transfer restrictions that lapse in one-third increments on January 28, 2020, 2021 and 2022. On January 28, 2022, the transfer restrictions lapsed in connection with 7,337 of these RSUs, of which 2,058 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. |
| 3 | Common | Common Stock | 2022-01-28 | F | D | 2,756 | $18.00 | 320,352.48 | 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, 9,927 shares vested in connection with these RSUs, of which 2,756 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. |