4//SEC Filing
SLM CORP 4
Accession 0001127602-14-005697
$SLMCIK 0001032033operating
Filed
Feb 10, 7:00 PM ET
Accepted
Feb 11, 7:59 PM ET
Size
6.1 KB
Accession
0001127602-14-005697
Insider Transaction Report
Form 4
SLM CORPSLM
DEPAULO JOSEPH A
Executive Vice President
Transactions
- Tax Payment
Common Stock
2014-02-07$22.75/sh−1,960$44,590→ 397,197.398 total
Holdings
- 1,740(indirect: By Children)
Common Stock
Footnotes (1)
- [F1]As previously reported, on February 7, 2013, Mr. DePaulo was granted 18,551 bonus restricted stock units ("RSUs") representing rights to receive shares of SLM Corporation (the "Company") common stock in the future, which grant was approved by the Compensation and Personnel Committee (the "Compensation Committee") of the Board of Directors. One-third of these RSUs are settled on the first, second and third anniversaries of the grant date by delivery of the Company's common stock. On February 7, 2014, 5,912 shares of such RSUs were settled and 155 additional shares were issued to Mr. DePaulo upon the vesting of the related dividend equivalent rights, of which 1,960 shares were withheld by the Company (as approved by the Compensation Committee) to satisfy Mr. DePaulo's tax withholding obligations.
Documents
Issuer
SLM CORP
CIK 0001032033
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0001032033
Filing Metadata
- Form type
- 4
- Filed
- Feb 10, 7:00 PM ET
- Accepted
- Feb 11, 7:59 PM ET
- Size
- 6.1 KB