Kennedy Daniel P 4
4 · SLM Corp · Filed Feb 1, 2021
Insider Transaction Report
Form 4
SLM CorpSLM
Kennedy Daniel P
SVP, Chief Operational Officer
Transactions
- Tax Payment
Common Stock
2021-01-28$13.93/sh−4,149$57,796→ 211,736.903 total - Tax Payment
Common Stock
2021-01-30$13.88/sh−5,296$73,508→ 206,440.903 total
Footnotes (3)
- [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, 2021, 13,402 shares vested in connection with these RSUs, of which 4,149 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 30, 2020, 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 30, 2021, 2022, and 2023. On January 30, 2021, 12,285 shares vested in connection with these RSUs, of which 5,296 shares were withheld by the Company to satisfy the reporting person's tax withholding obligations.