Thome Paul F 4
4 · SLM Corp · Filed Oct 29, 2020
Insider Transaction Report
Form 4
SLM CorpSLM
Thome Paul F
EVP & Chief Admin Officer
Transactions
- Exercise/Conversion
Stock Options (Right to Buy)
2020-10-27−30,000→ 0 totalExercise: $5.24Exp: 2021-01-27→ Common Stock (30,000 underlying) - Tax Payment
Common Stock
2020-10-27$9.27/sh−5,129$47,546→ 210,485.892 total - Sale
Common Stock
2020-10-27$9.25/sh−32,903$304,481→ 177,582.892 total - Exercise/Conversion
Common Stock
2020-10-27$5.24/sh+30,000$157,290→ 232,582.892 total - Tax Payment
Common Stock
2020-10-27$9.27/sh−16,968$157,293→ 215,614.892 total
Footnotes (6)
- [F1]Stock options exercised by the reporting person in advance of pending expiration of options.
- [F2]Includes Dividend Equivalent units in connection with the restricted common stock granted under the SLM Corporation 2012 Omnibus Incentive Plan.
- [F3]Represents shares withheld by the Company to satisfy the exercise price of the options.
- [F4]Represents shares of the Company common stock required to be withheld to satisfy the reporting person's tax withholding obligations.
- [F5]The price in Column 4 is a weighted average price. The prices actually received ranged from $9.25 to $9.265. For all transactions reported in this Form 4 utilizing a weighted average price, the reporting person will provide to the issuer, any security holder of the issuer, or the SEC staff, upon request, information regarding the number of units sold at each price within the range.
- [F6]One-third of these options became exercisable on January 27, 2012. The next one-third of these options became exercisable on January 27, 2013. The remaining one-third of these options became exercisable on January 27, 2014.