Steven McGarry - 25 Feb 2022 Form 4 Insider Report for SLM Corp (SLM)

Signature
/s/ Jeffrey Lipschutz (POA) for Steven J. McGarry
Issuer symbol
SLM
Transactions as of
25 Feb 2022
Net transactions value
-$768,941
Form type
4
Filing time
01 Mar 2022, 15:15:48 UTC
Previous filing
23 Feb 2022
Next filing
03 Mar 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SLM Common Stock Sale $454,212 -22,834 -6.8% $19.89 313,893 25 Feb 2022 Direct F1, F2, F3
transaction SLM Common Stock Sale $296,566 -15,016 -4.8% $19.75 298,877 28 Feb 2022 Direct F2, F3
transaction SLM Common Stock Tax liability $18,163 -922 -0.31% $19.70 297,955 28 Feb 2022 Direct F2, F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The price in Column 4 is a weighted average price. The prices actually received ranged from $19.83 to $19.905. 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.
F2 Includes Dividend Equivalent Units in connection with restricted stock units held by the reporting person.
F3 Includes shares of Common Stock acquired under a dividend reinvestment plan.
F4 Represents shares of the Company Common Stock to be withheld to satisfy the reporting person's tax withholding obligations.