Thome Paul F 4
4 · SLM Corp · Filed Jan 30, 2020
Insider Transaction Report
Form 4
SLM CorpSLM
Thome Paul F
EVP & Chief Admin Officer
Transactions
- Tax Payment
Common Stock
2020-01-28$11.13/sh−2,230$24,820→ 179,206.359 total - Tax Payment
Common Stock
2020-01-28$11.13/sh−1,386$15,426→ 177,820.359 total
Holdings
- 24,145.536(indirect: By 401(k))
Common Stock
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, 8,271 shares vested in connection with these RSUs, of which 2,230 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]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 5,133 of these RSUs, of which 1,386 shares were withheld by the Company to satisfy the reporting person's tax withholding obligations.
- [F4]Represents the number of units held in a unitized stock fund, including reinvested dividends, in the Sallie Mae Supplemental 401(k) Savings Plan.