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SLM Corp Director's Dealing 2013

Aug 14, 2013

30933_dirs_2013-08-14_ad66d81d-59f6-4484-831c-09b54243c1e1.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: SLM CORP (SLM)
CIK: 0001032033
Period of Report: 2013-08-08

Reporting Person: REMONDI JOHN F (President & CEO)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2013-08-08 Common Stock A 20128 Acquired 798289 Direct

Footnotes

F1: Grant of Restricted Stock Units ("RSUs") under the SLM Corporation 2012 Omnibus Incentive Plan, which is classified as "Common Stock," as permitted, since the RSUs will be settled solely by delivery of shares of the Company's common stock. These RSUs vest in one-third increments on the first, second and third anniversary of the grant date.

F2: Dividend equivalent rights issued on unvested RSUs are included in Mr. Remondi's common stock holding balance.