SLM Corp — Director's Dealing 2016

Dec 7, 2016

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: SLM CORP (SLM)
CIK: 0001032033
Period of Report: 2016-12-05

Reporting Person: GOODE EARL A (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2016-12-05	Common Stock	M	13994	$5.7343	Acquired	87078	Direct
2016-12-05	Common Stock	F	7585	$10.58	Disposed	79493	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2016-12-05	Stock Options (Right to Buy)	$5.7343	M	13994	Disposed	2017-02-03	Common Stock (13994)	Direct

Footnotes

F1: Stock options exercised by the reporting person in advance of pending expiration of options.

F2: Represents shares withheld by the Company to satisfy the option price upon the exercise of the option.