Filing Details

Accession Number:
0001127602-13-013320
Form Type:
4
Zero Holdings:
No
Publication Time:
2013-04-03 17:05:23
Reporting Period:
2013-04-01
Filing Date:
2013-04-03
Accepted Time:
2013-04-03 17:05:23
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1032033 Slm Corp SLM Personal Credit Institutions (6141) 522013874
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1065138 L Albert Lord 300 Continental Drive
Newark DE 19713
Vice Chairman & Ceo Yes Yes No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock Disposition 2013-04-01 20,000 $20.41 1,002,533 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 S Direct
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Common Stock 30,293 Indirect By 401(k)
Common Stock 2,100 Indirect By Immediate Family
Common Stock 145,311 Indirect By Supplemental Thrift & Savings Plan
Footnotes
  1. The sale reported on this Form 4 was effected pursuant to a Rule 10b5-1 trading plan entered into by the reporting person on February 14, 2013, and effective on February 19, 2013.
  2. Represents the weighted average price per share of stock sold by Mr. Lord between $20.40 and $20.43. The reporting person undertakes to provide to SLM Corporation, any security holder of SLM Corporation or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price.
  3. Dividend equivalent rights issued on RSUs and PSUs are included in Mr. Lord's common stock holding balance.
  4. Between February 28, 2013 and April 1, 2013, Mr. Lord acquired 199.5144 share equivalents of SLM common stock under the SLM 401(k) Plan. The information in this report is based on the individual's actual account balance as of April 1, 2013.
  5. Between February 28, 2013 and April 1, 2013, Mr. Lord acquired 957.037 share equivalents of SLM common stock under the SLM Supplemental Thrift & Savings Plan. The information in this report is based on the individual's actual account balance as of April 1, 2013.