SLM Corp — Director's Dealing 2015

Feb 12, 2015

SEC Form 3 — Initial Statement of Beneficial Ownership

Issuer: SLM CORP (SLM)
CIK: 0001032033
Period of Report: 2015-02-10

Reporting Person: Boyles Jonathan (SVP & Controller)

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	36350.3867	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Stock Options (Right to Buy)	$5.243	2021-01-27	Common Stock (1800)		Direct
Stock Options (Right to Buy)	$5.7343	2017-02-03	Common Stock (5154)		Direct
Stock Options (Right to Buy)	$6.4228	2018-02-07	Common Stock (10315)		Direct

Footnotes

F1: The derivative security is fully vested.

F2: The options become exercisable in three equal annual increments. The first two installments became exercisable on February 7, 2014 and February 7, 2015; and the last installment will become exercisable on the third anniversary of the grant date on February 7, 2016.