Form 4 for SLM SLM Corp

Accepted 2022-04-22 00:00:00 ET · period of report 2022-04-20 · accession 0001628280-22-010031 · 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	2022-04-22	2022-04-20	SLM	Witter Jonathan W.	CEO, Dir	F - Tax	$17.47	-194.3K	996.8K	-16%	-$3.39M

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	2022-04-20	F	D	154,960	$17.47	841,851.13	D	—	—	(F3) On April 20, 2020, the reporting person was granted RSUs representing rights to receive shares of common stock of the Company, subject to vesting conditions, to vest 40% on April 20, 2021, 40% on April 20, 2022 and 20% on April 20, 2023. On April 20, 2022, 320,826 shares vested in connection with these RSUs, of which 154,960 shares were withheld by the Company to satisfy the reporting person's tax withholding obligations. (F2) Includes Dividend Equivalent Units in connection with RSUs held by the reporting person.
2	Common	Common Stock	2022-04-20	F	D	39,357	$17.47	996,811.13	D	—	—	(F1) On April 20, 2020, the reporting person was granted restricted stock units ("RSUs") representing rights to receive shares of common stock of the Company, subject to vesting conditions, to vest in one-third increments on April 20, 2021, 2022 and 2023. On April 20, 2022, 81,481 shares vested in connection with these RSUs, of which 39,357 shares were withheld by the Company to satisfy the reporting person's tax withholding obligations. (F2) Includes Dividend Equivalent Units in connection with RSUs held by the reporting person.