SLM Corp — Director's Dealing 2015

Oct 28, 2015

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: SLM CORP (SLM)
CIK: 0001032033
Period of Report: 2015-10-26

Reporting Person: McGarry Steven (EVP & Chief Financial Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2015-10-26	Common Stock	P	7500	$7.05	Acquired	190216.3371	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	2140.985	Indirect

Footnotes

F1: The price reported in Column 4 is a weighted average price. The shares were purchased in multiple transactions at prices ranging from $6.99 to $7.06, inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the SEC staff, upon request, full information regarding the number of shares purchased at each separate price within the range set forth in Footnote (1) to this Form 4.

F2: Between May 1, 2015 and October 26, 2015, Mr. McGarry acquired .351 shares of Company common stock under the Company's 401(k) plan. The information in this report is based on a plan statement dated as of October 27, 2015.