SLM Corp — Director's Dealing 2013

Jan 29, 2013

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: SLM CORP (SLM)
CIK: 0001032033
Period of Report: 2013-01-28

Reporting Person: Torre Bates Ann (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2013-01-28	Common Stock	S	12642	$16.7238	Disposed	6123	Direct

Footnotes

F1: Represents the weighted average price per share of stock sold by Ms. Bates between $16.74 and $16.71. 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.

F2: Dividend equivalent rights issued on previoulsy unvested restricted stock are included in Ms. Bates's common stock holding balance.