Form 4 for SLM SLM Corp
Accepted 2024-06-21 00:00:00 ET · period of report 2024-06-18 · accession 0001628280-24-029330 · 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 | 2024-06-21 | 2024-06-18+ | SLM | Lavelle Mark L | Dir | A - Grant | $0.00 | +8,338 | 69.0K | +14% | $0 |
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 | 2024-06-18 | A | A | 7,069 | $0.00 | 67,736.47 | D | — | — | (F1) The reporting person received shares of Restricted Common Stock, issued pursuant to the terms of the SLM Corporation 2021 Omnibus Incentive Plan - 2024 Independent Director Restricted Stock Agreement (the "2024 Agreement") in partial payment of the annual retainer to independent directors. The Restricted Common Stock award is subject to vesting upon the terms set forth in the 2024 Agreement. (F2) Includes Dividend Equivalent Units issued in connection with Restricted Common Stock held by the reporting person. |
| 2 | Common | Common Stock | 2024-06-20 | A | A | 1,269 | $0.00 | 69,005.47 | D | — | — | (F3) Represents a grant of shares of SLM Corporation's Common Stock (the "Shares") received in lieu of the reporting person's quarterly cash retainer and respective committee fees. The per share value of the Shares was equal to the closing sales price per share as of the grant date. (F2) Includes Dividend Equivalent Units issued in connection with Restricted Common Stock held by the reporting person. |