SLM Corp — Director's Dealing 2017

Feb 8, 2017

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: SLM CORP (SLM)
CIK: 0001032033
Period of Report: 2017-02-04

Reporting Person: Quinlan Raymond J. (Director, Chairman & CEO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2017-02-04	Common Stock	F	31354	$12.04	Disposed	1447191	Direct

Footnotes

F1: On February 4, 2014, Mr. Quinlan was awarded 69,070 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 193,728 RSUs outstanding and an additional 403 RSUs attributable to dividends. On February 4, 2017, the restrictions lapsed on 64,577 shares and 31,354 shares of the Company common stock were withheld to satisfy Mr. Quinlan's tax withholding obligations.