Filing Details

Accession Number:
0001127602-19-009038
Form Type:
4
Zero Holdings:
No
Publication Time:
2019-02-28 19:33:21
Reporting Period:
2019-02-26
Accepted Time:
2019-02-28 19:33:21
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
1668177 F Paul Thome 300 Continental Drive
Newark DE 19713
Evp & Chief Admin Officer No 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 2019-02-26 7,169 $11.15 208,049 No 4 F Direct
Common Stock Disposition 2019-02-26 2,212 $11.15 205,837 No 4 F Direct
Common Stock Disposition 2019-02-27 25,000 $11.10 180,837 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 F Direct
No 4 F Direct
No 4 S Direct
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Common Stock 23,847 Indirect Supplemental 401(k) Savings Plan
Footnotes
  1. On February 26, 2016, 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 February 26, 2017, 2018 and 2019. On February 26, 2019, 21,008 shares vested in connection with these RSUs, of which 7,169 shares were withheld by the Company to satisfy the reporting person's tax withholding obligations.
  2. On February 26, 2016, 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 February 26, 2017, 2018 and 2019. On February 26, 2019, the transfer restrictions lapsed in connection with 9,081 of these RSUs, of which 2,212 shares were withheld by the Company to satisfy the reporting person's tax withholding obligations.
  3. The price in Column 4 is a weighted average price. The prices actually received ranged from $11.100 to $11.105. For all transactions reported in this Form 4 utilizing a weighted average price, the reporting person will provide to the issuer, any security holder of the issuer, or the SEC staff, upon request, information regarding the number of units sold at each price within the range.
  4. Represents the number of units held in a unitized stock fund in the Sallie Mae Supplemental 401(k) Savings Plan as of February 15, 2019.