4//SEC Filing
Palmer Kerri A. 4
Accession 0001628280-24-005653
CIK 0001032033other
Filed
Feb 19, 7:00 PM ET
Accepted
Feb 20, 5:10 PM ET
Size
11.1 KB
Accession
0001628280-24-005653
Insider Transaction Report
Form 4
SLM CorpSLM
Palmer Kerri A.
EVP, Chief Operational Officer
Transactions
- Award
Common Stock
2024-02-16+24,859→ 194,814.69 total - Tax Payment
Common Stock
2024-02-17$20.18/sh−3,055$61,650→ 191,759.69 total - Tax Payment
Common Stock
2024-02-17$20.18/sh−12,953$261,392→ 178,806.69 total - Tax Payment
Common Stock
2024-02-18$20.18/sh−2,776$56,020→ 176,030.69 total
Footnotes (5)
- [F1]A long-term incentive award of restricted stock units ("RSUs") under the SLM Corporation 2021 Omnibus Incentive Plan, which is classified as "Common Stock," as permitted, since the RSUs will be settled solely by delivery of shares of SLM Corporation (the "Company") Common Stock. Subject to continuing employment, these RSUs vest in one-third increments on February 16, 2025, 2026, and 2027.
- [F2]Includes Dividend Equivalent Units in connection with RSUs held by the reporting person.
- [F3]On February 17, 2023, the reporting person was granted RSUs representing rights to receive shares of Common Stock of the Company, subject to vesting conditions, to vest in one-third increments on February 17, 2024, 2025, and 2026. On February 17, 2024, 10,006 shares vested in connection with these RSUs, of which 3,055 shares were withheld by the Company to satisfy the reporting person's tax withholding obligations.
- [F4]On February 17, 2023, the reporting person was granted RSUs representing rights to receive shares of Common Stock of the Company, subject to vesting conditions, to vest in one-third increments on February 17, 2024, 2025, and 2026. On February 17, 2024, 33,357 shares vested in connection with these RSUs, of which 12,953 shares were withheld by the Company to satisfy the reporting person's tax withholding obligations.
- [F5]On February 18, 2022, the reporting person was granted RSUs representing rights to receive shares of Common Stock of the Company, subject to vesting conditions, to vest in one-third increments on February 18, 2023, 2024, and 2025. On February 18, 2024, 6,154 shares vested in connection with these RSUs, of which 2,776 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 0001842623
Filing Metadata
- Form type
- 4
- Filed
- Feb 19, 7:00 PM ET
- Accepted
- Feb 20, 5:10 PM ET
- Size
- 11.1 KB