SLM Corp — Director's Dealing 2013

Feb 15, 2013

SEC Form 4/A — Form 4/A

Issuer: SLM CORP (SLM)
CIK: 0001032033
Period of Report: 2012-06-06

Reporting Person: SHAPIRO STEVEN L (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2012-05-24	Common Stock	G	19425	—	Disposed	37105	Direct
2012-05-24	Common Stock	G	19425	—	Acquired	149065	Indirect
2012-06-06	Common Stock	S	20000	$14.50	Disposed	129065	Indirect

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	3000	Indirect

Footnotes

F1: The sole purpose of this amendment is to show a change in ownership from "direct" to indirect" upon a transfer by Mr. Shapiro of 19,425 shares of the Company's common stock to an LLC owned by Mr. Shapiro and his spouse on May 24, 2012. This change in beneficial ownership was not reflected in Mr. Shapiro's Form 4 filed on February 11, 2013.

F2: The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan entered into by Resteco LLC, a New Jersey limited liability company, of which the reporting person is a member.

F3: Dividend equivalent rights issued on unvested restricted stock are included in Mr. Shapiro's common stock holding balance.