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SLM Corp Director's Dealing 2010

Feb 23, 2010

30933_dirs_2010-02-23_ab71fe70-2a0a-4309-8700-9e5648c1d651.zip

Director's Dealing

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SEC Form 4/A — Form 4/A

Issuer: SLM CORP (SLM)
CIK: 0001032033
Period of Report: 2010-02-16

Reporting Person: DEPAULO JOSEPH A (Executive Vice President)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2010-02-16 Common Stock P 3000 $11.0590 Acquired 40886.0000 Direct
2010-02-16 Common Stock P 3000 $11.0600 Acquired 43886.0000 Direct
2010-02-16 Common Stock P 3000 $11.0600 Acquired 46886.0000 Direct
2010-02-16 Series A Nonconvertible 6.97% Preferred Stock P 2500 $38.4054 Acquired 2500.0000 Indirect

Holdings (Non-Derivative)

Security Shares Ownership
Common Stock 1740.0000 Indirect

Footnotes

F1: Includes shares acquired under the Company's ESPP.