4//SEC Filing
Quinlan Raymond J. 4
Accession 0001628280-20-000724
CIK 0001032033other
Filed
Jan 28, 7:00 PM ET
Accepted
Jan 29, 6:00 PM ET
Size
10.8 KB
Accession
0001628280-20-000724
Insider Transaction Report
Form 4
SLM CorpSLM
Quinlan Raymond J.
DirectorVice Chairman
Transactions
- Tax Payment
Common Stock
2020-01-27$11.20/sh−35,165$393,848→ 1,258,225.946 total - Award
Common Stock
2020-01-27+86,961→ 1,333,688.946 total - Tax Payment
Common Stock
2020-01-27$11.20/sh−40,298$451,338→ 1,293,390.946 total - Tax Payment
Common Stock
2020-01-27$11.20/sh−4,695$52,584→ 1,253,530.946 total
Footnotes (5)
- [F1]Shares reported in this column represent shares awarded in connection with the vesting of performance stock units awarded on January 27, 2017 ("PSUs"), as certified by the Nominations, Governance, and Compensation Committee on January 27, 2020.
- [F2]Includes Dividend Equivalent units in connection with RSUs granted under the SLM Corporation 2012 Omnibus Incentive Plan.
- [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.
- [F4]On January 27, 2017, the reporting person was granted restricted stock units ("RSUs") representing rights to receive shares of common stock of SLM Corporation (the "Company"), subject to vesting conditions, to vest in one-third increments on January 27, 2018, 2019 and 2020. On January 27, 2020, 77,300 shares vested in connection with these RSUs, of which 35,165 shares were withheld by the Company to satisfy the reporting person's tax withholding obligations.
- [F5]On January 27, 2017, the reporting person was granted restricted stock units ("RSUs") representing rights to receive shares of common stock of SLM Corporation (the "Company"), subject to transfer restrictions that lapse in one-third increments on January 27, 2018, 2019 and 2020. On January 27, 2020, the transfer restrictions lapsed in connection with 10,135 of these RSUs, of which 4,695 shares were withheld by the Company to satisfy the reporting person's tax withholding obligations.
Documents
Issuer
SLM Corp
CIK 0001032033
Entity typeother
Related Parties
1- filerCIK 0001439296
Filing Metadata
- Form type
- 4
- Filed
- Jan 28, 7:00 PM ET
- Accepted
- Jan 29, 6:00 PM ET
- Size
- 10.8 KB