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SLM Corp — Director's Dealing 2016
May 3, 2016
30933_dirs_2016-05-03_2c0c8aec-d2f1-4361-a988-7866f24c0338.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: SLM CORP (SLM)
CIK: 0001032033
Period of Report: 2016-05-01
Reporting Person: McGarry Steven (EVP & Chief Financial Officer)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2016-05-01 | Common Stock | F | 1882 | $6.77 | Disposed | 293865.3371 | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 2141.53 | Indirect |
Footnotes
F1: On May 1, 2014, Mr. McGarry was awarded 16,629 Restricted Stock Units ("RSUs") representing rights to receive shares of common stock of SLM Corporation (the "Company") to vest in one-third increments on May 1, 2015, 2016 and 2017. On May 1, 2016, 5,543 shares of such RSUs vested, of which 1,882 shares were withheld by the Company to satisfy Mr. McGarry's tax withholding obligations.
F2: Between February 26, 2016 and April 29, 2016, Mr. McGarry acquired 0.172 shares of Company common stock under the Company's 401(k) plan. The information in this report is based on a plan sponsor statement dated as of April 29, 2016.