Mary Carter Warren Franke - Jun 8, 2021 Form 4 Insider Report for SLM Corp (SLM)

Role
Director
Signature
/s/ Jeffrey Lipschutz (POA) for Mary Carter Warren Franke
Stock symbol
SLM
Transactions as of
Jun 8, 2021
Transactions value $
$0
Form type
4
Date filed
6/10/2021, 04:12 PM
Next filing
Jun 23, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SLM Common Stock Award $0 +4.92K +7.68% $0.00 69K Jun 8, 2021 Direct F1, F2
holding SLM Common Stock 7K Jun 8, 2021 By Spouse's IRA
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The reporting person received shares of Restricted Common Stock, issued pursuant to the terms of the SLM Corporation 2012 Omnibus Incentive Plan - 2021 Independent Director Restricted Stock Agreement (the "2021 Agreement") in partial payment of the annual retainer to independent directors. The Restricted Common Stock award is subject to vesting upon the terms set forth in the 2021 Agreement.
F2 Includes Dividend Equivalent Units in connection with the Restricted Common Stock granted under the SLM Corporation 2012 Omnibus Incentive Plan.