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SLM Corp — Director's Dealing 2014
May 2, 2014
30933_dirs_2014-05-02_0d681d25-dd3a-41f3-bda8-6e6696a3b6cf.zip
Director's Dealing
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SEC Form 3 — Initial Statement of Beneficial Ownership
Issuer: SLM CORP (SLM)
CIK: 0001032033
Period of Report: 2014-04-29
Reporting Person: McGarry Steven (Chief Financial Officer)
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 60947.2204 | Direct |
| Common Stock | 1641.4186 | Indirect |
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Stock Options (Right to Buy) | $14.62 | 2021-01-27 | Common Stock (30000) | Direct | |
| Stock Options (Right to Buy) | $15.99 | 2017-02-03 | Common Stock (30272) | Direct | |
| Stock Options (Right to Buy) | $17.91 | 2018-02-07 | Common Stock (44755) | Direct | |
| Phantom Stock Units | $ | Common Stock (39.211) | Direct |
Footnotes
F1: Two-thirds of these options are exercisable. One-third of these options will become exercisable on the third anniversary of the grant date (February 3, 2015).
F2: One-third of these options are exercisable. One-third of these options will become exercisable on the second anniversary of the grant date (February 7, 2015). One-third of these options will become exercisable on the third anniversary of the grant date (February 7, 2016).
F3: Phantom stock units accrued under the Deferred Compensation Plan for Key Employees are to be settled in the SLM common stock upon the reporting person's separation from service. Conversion or exercise price of derivative security is one to one.