AUTOR ROBERT 4
4 · SLM CORP · Filed Feb 4, 2008
Insider Transaction Report
Form 4
SLM CORPSLM
AUTOR ROBERT
Executive Vice President
Transactions
- Award
Stock Option (Right to Buy)
2008-01-31+200,000→ 200,000 totalExercise: $21.50Exp: 2018-01-31→ Common Stock (200,000 underlying) - Award
Common Stock
2008-01-31+7,500→ 116,900 total
Footnotes (2)
- [F1]These shares of Restricted Stock vest upon the later of the achievement of specific performance targets and a specified date.
- [F2]Fifty percent of these options become exercisable upon the Company's common stock having a closing price on the New York Stock Exchange of $25.80, for five trading days, but no sooner than January 31, 2009; 50 percent of these options become exercisable upon the Company's common stock having a closing price on the New York Stock Exchange of $30.10, for five trading days, but no sooner than January 31, 2010; they also become exercisable on the eight anniversary of the grant (January 31, 2016).