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SLM Corp — Director's Dealing 2018
Jan 26, 2018
30933_dirs_2018-01-26_20e5cf7c-fd7a-493e-b7ba-8be34d4598df.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: 2018-01-24
Reporting Person: Lutz Laurent Charles (EVP, GC and Secretary)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2018-01-24 | Common Stock | M | 200000 | $4.5939 | Acquired | 615162 | Direct |
| 2018-01-24 | Common Stock | F | 124048 | $11.44 | Disposed | 491114 | Direct |
| 2018-01-24 | Common Stock | S | 125952 | $11.45 | Disposed | 365162 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2018-01-24 | Stock Options (Right to Buy) | $4.5939 | M | 200000 | Disposed | 2021-01-05 | Common Stock (200000) | Direct |
Footnotes
F1: Represents shares withheld by the Company to satisfy the exercise price of the options, and to satisfy the reporting person's tax withholding obligations upon the exercise of the options.
F2: The price in Column 4 is a weighted average price. The prices actually received ranged from $11.25 to $11.60. For all transactions reported in this Form 4 utilizing a weighted average price, the reporting person will provide to the issuer, any security holder of the issuer, or the SEC staff, upon request, information regarding the number of units sold at each price within the range.