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SLM Corp Director's Dealing 2013

Mar 4, 2013

30933_dirs_2013-03-04_7d6a1829-e748-44f1-bb04-e0430413d785.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: 2013-03-01

Reporting Person: LORD ALBERT L (Director, Vice Chairman & CEO)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2013-03-01 Common Stock S 20000 $18.83 Disposed 1018805.481 Direct

Holdings (Non-Derivative)

Security Shares Ownership
Common Stock 30093.612 Indirect
Common Stock 2100 Indirect
Common Stock 144353.6046 Indirect

Footnotes

F1: The sale reported on this Form 4 was effected pursuant to a Rule 10b5-1 trading plan entered into by the reporting person on February 14, 2013, and effective on February 19, 2013.

F2: Between January 25, 2013 and February 28, 2013, Mr. Lord acquired 1,944.1624 share equivalents of SLM common stock under the SLM 401(k) Plan. The information in this report is based on the individual's actual account balance as of February 28, 2013.

F3: Between January 25, 2013 and February 28, 2013, Mr. Lord acquired 2,465.9899 share equivalents of SLM common stock under the SLM Supplemental Thrift & Savings Plan. The information in this report is based on the individual's actual account balance as of February 28, 2013.