SLM Corp — Director's Dealing 2023

Feb 15, 2023

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: SLM Corp (SLM)
CIK: 0001032033
Period of Report: 2023-02-13

Reporting Person: Jafarieh Nicolas (EVP -Legal, Govt, Comm Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2023-02-13	Common Stock	A	32947	—	Acquired	146482.84	Direct
2023-02-13	Common Stock	F	10609	$15.19	Disposed	135873.84	Direct

Footnotes

F1: Represents shares awarded of the Company Common Stock in connection with the vesting of performance stock units awarded on January 30, 2020 ("PSUs"), as certified by the Compensation Committee on February 13, 2023.

F2: Includes Dividend Equivalent Units in connection with restricted stock units held by the reporting person.

F3: Represents shares of the Company Common Stock required to be withheld to satisfy the reporting person's tax withholding obligations in connection with the vesting of the PSUs.