Dale Jeffrey 4
4 · SLM Corp · Filed Jan 30, 2019
Insider Transaction Report
Form 4
SLM CorpSLM
Dale Jeffrey
SVP & Chief Risk Officer
Transactions
- Tax Payment
Common Stock
2019-01-28$10.86/sh−389$4,225→ 113,415 total - Award
Common Stock
2019-01-28+11,795→ 113,804 total - Award
Common Stock
2019-01-28+20,718→ 102,009 total
Footnotes (3)
- [F1]A long-term incentive award of restricted stock units ("RSUs") under the SLM Corporation 2012 Omnibus Incentive Plan, which is classified as "Common Stock," as permitted, since the RSUs will be settled solely by delivery of shares of SLM Corporation (the "Company") common stock. Subject to continuing employment, these RSUs vest in one-third increments on January 28, 2020, 2021 and 2022.
- [F2]A portion of the reporting person's 2018 Management Incentive Plan Award was granted in the form of RSUs that carry transfer restrictions that lapse in one-third increments on January 28, 2020, 2021 and 2022, regardless of continued employment.
- [F3]Represents shares of the Company common stock required to be withheld to satisfy the reporting person's tax withholding obligations upon the grant of RSUs.