SLM Corp — Director's Dealing 2020

Jan 30, 2020

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: SLM Corp (SLM)
CIK: 0001032033
Period of Report: 2020-01-28

Reporting Person: Child Paul G (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2020-01-28	Common Stock	M	333	$4.3213	Acquired	52822.3736	Direct
2020-01-28	Common Stock	F	129	$11.23	Disposed	52693.3736	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2020-01-28	Stock Options (Right to Buy)	$4.3213	M	333	Disposed	2020-03-25	Common Stock (333.0)	Direct

Footnotes

F1: Stock options exercised by the reporting person in advance of pending expiration of options.

F2: Includes Dividend Equivalent units in connection with the restricted common stock granted under the SLM Corporation 2012 Omnibus Incentive Plan.

F3: Represents shares withheld by the Company to satisfy the exercise price of the options.