4//SEC Filing
Dale Jeffrey 4
Accession 0001628280-21-000889
CIK 0001032033other
Filed
Jan 26, 7:00 PM ET
Accepted
Jan 27, 6:11 PM ET
Size
11.0 KB
Accession
0001628280-21-000889
Insider Transaction Report
Form 4
SLM CorpSLM
Dale Jeffrey
SVP & Chief Risk Officer
Transactions
- Tax Payment
Common Stock
2021-01-26$13.06/sh−864$11,284→ 93,371.041 total - Tax Payment
Common Stock
2021-01-25$13.10/sh−5,033$65,932→ 97,315.041 total - Award
Common Stock
2021-01-25+14,918→ 102,348.041 total - Tax Payment
Common Stock
2021-01-26$13.06/sh−3,080$40,225→ 94,235.041 total
Footnotes (6)
- [F1]Shares reported in this column represent shares awarded in connection with the vesting of performance stock units awarded on January 26, 2018 ("PSUs"), as certified by the Nominations, Governance, and Compensation Committee on January 25, 2021.
- [F2]The total number of shares of Common Stock is adjusted to correct for a prior administrative error with respect to the number of shares of Common Stock reported to be held by the Reporting Person.
- [F3]Includes Dividend Equivalent Units in connection with RSUs granted under the SLM Corporation 2012 Omnibus Incentive Plan.
- [F4]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.
- [F5]On January 26, 2018, 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 26, 2019, 2020, and 2021. On January 26, 2021, 9,946 shares vested in connection with these RSUs, of which 3,080 shares were withheld by the Company to satisfy the reporting person's tax withholding obligations.
- [F6]On January 26, 2018, 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 26, 2019, 2020, and 2021. On January 26, 2021, the transfer restrictions lapsed in connection with 3,013 of these RSUs, of which 864 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 0001614710
Filing Metadata
- Form type
- 4
- Filed
- Jan 26, 7:00 PM ET
- Accepted
- Jan 27, 6:11 PM ET
- Size
- 11.0 KB