Dale Jeffrey 4
4 · SLM Corp · Filed Jan 30, 2020
Insider Transaction Report
Form 4
SLM CorpSLM
Dale Jeffrey
SVP & Chief Risk Officer
Transactions
- Tax Payment
Common Stock
2020-01-28$11.13/sh−2,165$24,096→ 69,942.396 total - Tax Payment
Common Stock
2020-01-28$11.13/sh−1,103$12,276→ 68,839.396 total
Footnotes (4)
- [F1]On January 28, 2019, 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 28, 2020, 2021 and 2022. On January 28, 2020, 6,993 shares vested in connection with these RSUs, of which 2,165 shares were withheld by the Company to satisfy the reporting person's tax withholding obligations.
- [F2]Includes Dividend Equivalent units in connection with RSUs granted under the SLM Corporation 2012 Omnibus Incentive Plan.
- [F3]Includes shares of common stock acquired under a dividend reinvestment plan.
- [F4]On January 28, 2019, 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 28, 2020, 2021 and 2022. On January 28, 2020, the transfer restrictions lapsed in connection with 3,850 of these RSUs, of which 1,103 shares were withheld by the Company to satisfy the reporting person's tax withholding obligations.