SLM Corp — Director's Dealing 2016

Jul 12, 2016

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: SLM CORP (SLM)
CIK: 0001032033
Period of Report: 2016-07-10

Reporting Person: Dale Jeffrey (SVP & Chief Risk Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2016-07-10	Common Stock	F	2695	$6.65	Disposed	147825	Direct

Footnotes

F1: On July 10, 2014, Mr. Dale was awarded 23,809 Restricted Stock Units ("RSUs") representing rights to receive shares of common stock of SLM Corporation (the "Company") to vest in one-third increments on July 10, 2015, 2016 and 2017. On July 10, 2016, 7,937 shares of such RSUs vested, of which 2,695 shares of the Company common stock were withheld to satisfy Mr. Dale's tax withholding obligations.