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SLM Corp Director's Dealing 2017

Feb 8, 2017

30933_dirs_2017-02-07_5bc94f2e-cd1c-4cb1-a2bc-ab272b31ba9d.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: 2017-02-04

Reporting Person: Boyles Jonathan (SVP & Controller)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2017-02-04 Common Stock F 2120 $12.04 Disposed 188782.3867 Direct

Footnotes

F1: On February 4, 2014, Mr. Boyles was awarded 6,846 Restricted Stock Units ("RSUs") representing rights to receive shares of common stock of SLM Corporation (the "Company") that were subsequently adjusted in the spin-off of Navient to reflect 19,203 RSUs outstanding and an additional 112 RSUs attributable to dividends. On February 4, 2017, 6,402 shares of such RSUs vested, of which 2,120 shares of the Company common stock were withheld to satisfy Mr. Boyles' s tax withholding obligations.