4//SEC Filing
SLM CORP 4
Accession 0001032033-07-000044
$SLMCIK 0001032033operating
Filed
Aug 12, 8:00 PM ET
Accepted
Aug 13, 4:23 PM ET
Size
10.0 KB
Accession
0001032033-07-000044
Insider Transaction Report
Form 4
SLM CORPSLM
PORTER ALEXANDER A. JR.
Director
Transactions
- Exercise/Conversion
Stock Option (Right to Buy)
2007-08-09−315,000→ 0 totalExercise: $13.11Exp: 2007-08-13→ Common Stock (315,000 underlying) - Exercise/Conversion
Common Stock
2007-08-09$13.11/sh+315,000$4,130,627→ 316,270 total - Tax Payment
Common Stock
2007-08-09$49.09/sh−84,144$4,130,629→ 232,126 total
Holdings
- 687,771(indirect: By Partnership)
Common Stock
Footnotes (1)
- [F1]The options become exercisable in increments of one-third upon the Company's common stock having a closing price on the New York Stock Exchange of $14.28, $19.05, and $23.81, respectively, for five trading days, they also become exercisable on the eighth anniversary of the grant (August 13, 2005) subject to the reporting person's continued service with the Company.
Documents
Issuer
SLM CORP
CIK 0001032033
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0001032033
Filing Metadata
- Form type
- 4
- Filed
- Aug 12, 8:00 PM ET
- Accepted
- Aug 13, 4:23 PM ET
- Size
- 10.0 KB