SLM Corp — Director's Dealing 2020

Jan 29, 2020

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: SLM Corp (SLM)
CIK: 0001032033
Period of Report: 2020-01-27

Reporting Person: KELER MARIANNE M (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2020-01-27	Common Stock	M	2500	$4.142	Acquired	88361.3736	Direct
2020-01-27	Common Stock	F	918	$11.29	Disposed	87443.3736	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2020-01-27	Stock Options (Right to Buy)	$4.142	M	2500	Disposed	2020-09-30	Common Stock (2500.0)	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.